,i  #aaeth ,,congress  #b;d ,session    
,h4 ,r4 #fbgd  ,,in ,,the ,,house ,,of  
,,representatives  ,june #bh1 #bjah,mr4 
,welch 7for himself1 ,mr4 ,huffman1 and 
,ms4 ,rosen7 introduced the following   
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to extend certain tax   
credits related to electric cars1 and   
for other purposes4  #a4 ,short title   
,this ,act may be cited as the ,electric
 ,credit ,access ,ready at ,sale ,act of
 #bjah or the ,electric ,,cars ,act of  
#bjah4  #b4 ,extension and modification 
of new qualified plug-in electric drive 
motor vehicles credit  7a7 ,extension   
7#a7 ,in general ,section #cj;,d7e7 of  
such ,code is amended to read as        
follows3  7e7 ,termination ,this section
 shall not apply to any new qualified   
plug-in electric drive motor vehicle    
placed in service after ,december #ca1  
#bjbh4  4  7#b7 #b- and #c-wheeled      
,plug-in ,electric ,vehicles ,section   

#cj;,d7g77#c77;,e7 is amended by        
striking or at the end of clause 7i71 by
 redesignating clause 7ii7 as clause    
7iii71 and by inserting after clause 7i7
 the following new clause3  7ii7 after  
,december #ca1 #bjag1 and before        
,january #a1 #bjbi1 or  4  7b7 ,credit  
may be assigned to financing entity     
,section #cj;,d7f7 of such ,code is     
amended by adding at the end the        
following new paragraph3  7#h7 ,credit  
may be assigned to financing entity     
7,a7 ,in general ,the credit which would
 7but for this paragraph7 be allowed    
with respect to a vehicle under         
subsection 7a7 for any taxable year to  
any person 7hereafter in this paragraph 
referred to as the initial taxpayer7--  
7i7 if assigned by the initial taxpayer 
to the person who financed the purchase 
7or a lease of at least #b years7 of    
such vehicle by the initial taxpayer1   
may be taken into account by such       
person1 and  7ii7 shall not be taken    
into account by the initial taxpayer4   

,any person to whom such credit is      
assigned under clause 7i7 shall be      
treated for purposes of this title as   
the taxpayer that placed such vehicle in
 service4  7,b7 ,disclosure requirement 
,subparagraph 7,a7 shall not apply with 
respect to any vehicle unless the person
 to whom the credit is assigned clearly 
discloses in writing to the initial     
taxpayer the amount of the credit       
allowable under subsection 7a7 with     
respect to such vehicle 7determined     
without regard to subsection 7c774  4   
7c7 ,effective dates  7#a7 ,the         
amendments made by subsection 7a7 shall 
apply to vehicles acquired after        
,december #ca1 #bjag4  7#b7 ,the        
amendment made by subsection 7b7 shall  
apply to vehicles acquired more than #fj
 days after the date of the enactment of
 this ,act4  #c4 ,extension of the      
alternative fuel vehicle refueling      
property credit  7a7 ,in general        
,section #cj;,c7g7 of the ,internal     
,revenue ,code of #aihf is amended by   

striking #bjag and inserting #bjbh4  7b7
 ,effective date ,the amendment made by 
this section shall apply to property    
placed in service after ,december #ca1  
#bjag4  #d4 ,extension of the           
alternative motor vehicle credit  7a7   
,in general ,section #cj;,b7k7 of the   
,internal ,revenue ,code of #aihf is    
amended by striking #bjag in paragraph  
7#a7 and inserting #bjbh4  7b7          
,effective date ,the amendment made by  
this section shall apply to property    
placed in service after ,december #ca1  
#bjag4