,,ii  #aag? ,,congress  #a/ ,session    
,s4 #agia  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #bd1 #bjba,ms4    
,cantwell introduc$ ! foll[+ bill2 :i* 0
 read twice & ref]r$ to ! ,committee on 
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to exp& exi/+ tax 
cr$its to include non-pass5g]           
electric-p[]$ vehicles1 associat$ re*>g+
 & refuel+ infra/ructure1 & = o!r       
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,fuel+ ,am]ica's ,security 
& ,transportation ) ,electricity ,act ( 
#bjba or ! ,,fa/ ,electricity ,act4  #b4
 ,cr$it = qualifi$ electric             
transportation options  7a7 ,9 g5]al    
,section #cj;,d ( ! ,int]nal ,rev5ue    
,code ( #aihf is am5d$-- 7#a7 9 ! head+1
 by /rik+ plug-9 electric drive motor & 
ins]t+ electric1  7#b7 by add+ at ! end 
! foll[+ new subsection3  7h7 ,cr$it    
all[$ = qualifi$ electric transportation
 options  7#a7 ,9 g5]al ,9 ! case ( a   
qualifi$ electric transportation        
option-- 7,a7 !re %all be all[$ z a     

cr$it aga9/ ! tax impos$ by ?is *apt] = 
! taxable ye> an am\nt equal to !       
applicable p]c5tage ( ! co/ ( ! qualifi$
 electric transportation option plac$ 9 
s]vice by ! taxpay] dur+ ! taxable ye>1 
7,b7 ! am\nt ( ! cr$it all[$ "u         
subp>agraph 7,a7 %all be treat$ z a     
cr$it all[$ "u subsection 7a71 &  7,c7 !
 requirem5ts describ$ 9 subsection      
7f77#g7 %all n apply4  7#b7 ,applicable 
p]c5tage ,= purposes ( p>agraph         
7#a77;,a71 ! applicable p]c5tage %all   
be-- 7,a7 9 ! case ( a qualifi$ electric
 transportation option plac$ 9 s]vice   
aft] ,decemb] #ca1 #bjba1 & be=e ,janu>y
 #a1 #bjbh1 #cj p]c5t1  7,b7 9 ! case ( 
a qualifi$ electric transportation      
option plac$ 9 s]vice dur+ a cal5d> ye> 
aft] #bjbg & be=e #bjcc1 ! applicable   
p]c5tage det]m9$ "u ?is p>agraph = !    
prec$+ cal5d> ye>1 r$uc$ by #e p]c5tage 
po9ts1 &  7,c7 9 ! case ( a qualifi$    
electric transportation option plac$ 9  
s]vice aft] cal5d> ye> #bjcb1 #j p]c5t4 
7#c7 ,qualifi$ electric transportation  

option  7,a7 ,9 g5]al ,= purposes ( ?is 
subsection1 ! t]m qualifi$ electric     
transportation option means any vehicle 
us$ 9 any mann] ( transportation :i*--  
7i7 ! orig9al use ( :i* comm5ces ) !    
taxpay]1  7ii7 is acquir$ = use or lease
 by ! taxpay] & n = resale1  7iii7 is   
capable ( mov+ pass5g]s1 c>go1 or       
prop]ty1  7iv7 is p[]$ by an integrat$1 
on-bo>d electric propulsion sy/em t--   
7,i7 is ! prim>y s\rce ( propulsion1    
7,,ii7 is capable ( p[]+ ! vehicle      
7includ+ any ( its compon5ts &          
accessories7 = n less ?an #b_/c ( !     
maximum op]at+ p]iod betwe5 re*>g+ or   
refuel+ ( su* vehicle1 &  7,,iii7 9 !   
case ( a vehicle :i* d]ives any ( its   
p[] f ! on-bo>d combu/ion ( a fuel1 uses
 a r5ewable fuel1  7v7 0 manufactur$ =  
sale 9 comm]cial quantities ) a         
reasonable expectation ( pr(it1  7vi7 is
 9 compliance ) any applicable safety or
 air quality /&>ds1 z det]m9$ by !      
,secret>y 9 coord9ation ) ! ,secret>y ( 
,transportation1 ! ,secret>y ( ,homel&  

,security1 & ! ,adm9i/rator ( !         
,environm5tal ,protection ,ag5cy1 &     
7vii7 is n a new qualifi$ plug-9        
electric drive motor vehicle 7z def9$ 9 
subsection 7d77#a771 unless ! vehicle-- 
7,i7 has a gross vehicle weight rat+ ( n
 less ?an #c1jjj p\nds & n m ?an #ad1jjj
 p\nds1  7,,ii7 has no m ?an #b seats1  
includ+ ! driv]'s seat1  7,,iii7 uses ! 
majority ( its int]ior space to c>ry    
c>go1  7,,iv7 is prim>ily us$ = deliv]+ 
comm]cial c>go1 &  7,v7 does n use any  
en]gy :i* is d]iv$ f ! on-bo>d combu/ion
 ( a fuel4  7,b7 ,on-bo>d electric      
propulsion sy/em ,= purposes ( ?is      
subsection1 ! t]m on-bo>d electric      
propulsion sy/em means-- 7i7 #a or m    
on-bo>d traction batt]ies :i*-- 7,i7 are
 integrat$ or swappable1 &  7,,ii7 h an 
aggregate capacity 7z def9$ 9 subsection
 7d77#d77 ( n less ?an #h kil[att h\rs1 
or  7ii7 an on-bo>d p[] s\rce o!r ?an a 
batt]y ) an electrical output capacity  
equival5t ( n less ?an #h kil[att h\rs1 
z det]m9$ by ! ,secret>y4  7,c7         

,r5ewable fuel ,= purposes ( ?is        
p>agraph1 ! t]m r5ewable fuel means any 
fuel at lea/ #he p]c5t ( ! volume ( :i* 
consi/s ( "o or m ( ! foll[+3 7i7       
,e?anol4  7ii7 ,biodiesel 7z def9$ 9    
section #dj;,a7d77#a774  7iii7 ,advanc$ 
bi(uel 7z def9$ 9 section               
#baa7o77#a77;,b7 ( ! ,clean ,air ,act   
7#db ,u4,s4,c4 #gede7o77#a77;,b7774     
7iv7 ,r5ewable natural gas4  7v7        
,hydrog54  7#d7 ,exclusion ,= purposes (
 p>agraph 7#a77;,a71 ! co/ ( ! qualifi$ 
electric transportation option %all n   
include any co/ relat+ to any compon5t  
or feature :i*-- 7,a7 is n integral to !
 qualifi$ electric transportation       
option1 or  7,b7 does n contribute to   
improv+ ! effici5cy or range ( !        
electric propulsion ( ! qualifi$        
electric transportation option4  4  7b7 
,con=m+ am5dm5ts  7#a7 ,section         
#ch7;b77#cj7 ( ! ,int]nal ,rev5ue ,code 
( #aihf is am5d$ by /rik+ plug-9        
electric drive motor & ins]t+ electric4 
7#b7 ,section                           

#dh;,c7c77#a77;,a77i77,,vi7 ( su* ,code 
is am5d$ by ins]t+ or qualifi$ electric 
transportation options aft] new qualifi$
 plug-9 electric drive motor vehicles4  
7#c7 ,! item relat+ to section #cj;,d 9 
! table ( sections = subp>t ,b ( "p ,,iv
 ( sub*apt] ,a ( *apt] #a ( su* ,code is
 am5d$ to read z foll[s3  ,sec4 #cj;,d4 
,new ,qualifi$ ,electric ,vehicles4  4  
7c7 ,effective date ,! am5dm5ts made by 
?is section %all apply to prop]ty plac$ 
9 s]vice aft] ,decemb] #ca1 #bjba4  #c4 
,cr$it = qualifi$ electric vehicle      
re*>g+ prop]ty  7a7 ,9 g5]al ,section   
#cj;,c ( ! ,int]nal ,rev5ue ,code (     
#aihf is am5d$-- 7#a7 9 subsection 7a7--
 7,a7 by ins]t+ ! sum ( aft] equal to1 &
  7,b7 by ins]t+ & ! applicable p]c5tage
 ( ! co/ ( any qualifi$ electric vehicle
 re*>g+ prop]ty be=e plac$ 9 s]vice1    
7#b7 9 subsection 7c77#b71 by /rik+     
subp>agraph 7,c71  7#c7 9 subsection    
7e77#b71 by ins]t+ or qualifi$ electric 
vehicle re*>g+ prop]ty aft] qualifi$    
alt]native fuel vehicle refuel+ prop]ty1

  7#d7 by r$esignat+ subsections 7f7 &  
7g7 z subsections 7g7 & 7h71            
respectively1  7#e7 by ins]t+ aft]      
subsection 7e7 ! foll[+3  7f7 ,qualifi$ 
electric vehicle re*>g+ prop]ty  7#a7 ,9
 g5]al ,= purposes ( ?is section1 ! t]m 
qualifi$ electric vehicle re*>g+ prop]ty
 means any prop]ty1 includ+ any onsite  
compon5t1 device1 or s(tw>e integral to 
its p]=mance 7) ! exception ( a build+  
or its /ructural compon5ts or any       
associat$ (fsite infra/ructure71 :i*    
satisfies applicable indu/ry safety     
/&>ds & provides non-propriet>y-- 7,a7  
re*>g+ or rep[]+ ( any qualifi$ electric
 transportation option or new qualifi$  
plug-9 electric drive motor vehicle 7z  
def9$ 9 section #cj;,d71 or  7,b7 /orage
 & disp5s+ ( hydrog5 fuel into ! fuel   
tank ( a vehicle ) an on-bo>d electric  
propulsion sy/em 7z def9$ 9 section     
#cj;,d7h77#c77;,b771 b only if ! /orage 
& disp5s+ ( ! fuel is at ! po9t :]e su* 
fuel is deliv]$ to ! vehicle4  7#b7     
,applicable p]c5tage ,= purposes (      

subsection 7a71 9 ! case ( any qualifi$ 
electric vehicle re*>g+ prop]ty1 !      
applicable p]c5tage %all be-- 7,a7 9 !  
case ( any prop]ty plac$ 9 s]vice aft]  
,decemb] #ca1 #bjba1 & be=e ,janu>y #a1 
#bjbh1 #cj p]c5t1  7,b7 9 ! case ( any  
prop]ty plac$ 9 s]vice dur+ a cal5d> ye>
 aft] #bjbh & be=e #bjcc1 ! applicable  
p]c5tage det]m9$ "u ?is p>agraph = !    
prec$+ cal5d> ye>1 r$uc$ by #e p]c5tage 
po9ts1 &  7,c7 9 ! case ( any prop]ty   
plac$ 9 s]vice aft] cal5d> ye> #bjcb1 #j
 p]c5t4  7#c7 ,t]m9ation ,= purposes (  
any qualifi$ electric vehicle re*>g+    
prop]ty1 ?is section %all n apply to any
 prop]ty plac$ 9 s]vice aft] ,decemb]   
#ca1 #bjcb4  1 &  7#f7 9 subsection 7h71
 z r$esignat$ by p>agraph 7#d7-- 7,a7 9 
! head+1 by ins]t+ = qualifi$ alt]native
 fuel vehicle refuel+ prop]ty aft]      
,t]m9ation1 &  7,b7 by /rik+ prop]ty &  
ins]t+ qualifi$ alt]native fuel vehicle 
refuel+ prop]ty4  7b7 ,effective date ,!
 am5dm5ts made by ?is section %all apply
 to prop]ty plac$ 9 s]vice aft] ,decemb]

 #ca1 #bjba4  #d4 ,loan gu>antees =     
transportation electrification dome/ic  
manufactur+ capacity ,section #acf ( !  
,en]gy ,indep5d5ce & ,security ,act (   
#bjjg 7#db ,u4,s4,c4 #agjac7 is am5d$-- 
7#a7 9 subsection 7a7-- 7,a7 9 p>agraph 
7#a7-- 7i7 9 subp>agraph 7,c71 by /rik+ 
! p]iod at ! end & ins]t+ 2 &2  7ii7 by 
r$esignat+ subp>agraphs 7,a7 ?r\gh 7,c7 
z clauses 7i7 ?r\gh 7iii71 respectively1
 & ind5t+ appropriately2  7iii7 9 !     
matt] prec$+ clause 7i7 7z s            
r$esignat$71 by /rik+ means an ultra &  
ins]t+ ! foll[+3 means-- 7,a7 an ultra  
2 &  7iv7 by add+ at ! end ! foll[+3    
7,b7 a m$ium-duty vehicle or a          
heavy-duty vehicle t exce$s #abe p]c5t (
 ! gre5h\se gas emissions & fuel        
effici5cy /&>ds e/abli%$ by ! f9al rule 
entitl$ ,gre5h\se ,gas ,emissions &     
,fuel ,effici5cy ,/&>ds = ,m$ium- &     
,heavy-,duty ,eng9es & ,vehicles--,phase
 #b 7#ha ,f$4 ,reg4 #gcdgh 7,octob] #be1
 #bjaf774  2  7,b7 9 p>agraph 7#c7-- 7i7
 9 subp>agraph 7,a71 by ins]t+ 1        

qualifi$ electric transportation        
options1 or qualifi$ electric vehicle   
re*>g+ prop]ties aft] advanc$ te*nology 
vehicles2 &  7ii7 9 subp>agraph 7,b71 by
 /rik+ or advanc$ te*nology vehicles &  
ins]t+ 1 advanc$ te*nology vehicles1    
qualifi$ electric transportation        
options1 or qualifi$ electric vehicle   
re*>g+ prop]ties2  7,c7 9 p>agraph 7#d71
 by ins]t+ 1 qualifi$ electric          
transportation options1 or qualifi$     
electric vehicle re*>g+ prop]ties aft]  
advanc$ te*nology vehicles ea* place x  
appe>s2  7,d7 by r$esignat+ p>agraphs   
7#d7 & 7#e7 z p>agraphs 7#f7 & 7#g71    
respectively2 &  7,e7 by ins]t+ aft]    
p>agraph 7#c7 ! foll[+3  7#d7 ,qualifi$ 
electric transportation option ,! t]m   
qualifi$ electric transportation option 
has ! mean+ giv5 ! t]m 9 section        
#cj;,d7h77#c77;,a7 ( ! ,int]nal ,rev5ue 
,code ( #aihf4  7#e7 ,qualifi$ electric 
vehicle re*>g+ prop]ty ,! t]m qualifi$  
electric vehicle re*>g+ prop]ty has !   
mean+ giv5 ! t]m 9 section #cj;,c7f7 ( !

 ,int]nal ,rev5ue ,code ( #aihf4  2     
7#b7 9 subsection 7b7-- 7,a7 9 ! matt]  
prec$+ p>agraph 7#a71 by ins]t+ qualifi$
 electric transportation option         
manufactur]s1 qualifi$ electric vehicle 
re*>g+ prop]ty manufactur]s1 be=e &     
compon5t suppli]s2  7,b7 9 p>agraph     
7#a7-- 7i7 9 subp>agraph 7,b71 by /rik+ 
or at ! end2  7ii7 9 subsection 7,c71 by
 /rik+ & at ! end2 &  7iii7 by add+ at !
 end ! foll[+3  7,d7 qualifi$ electric  
transportation options2 or  7,e7        
qualifi$ electric vehicle re*>g+        
prop]ties2 &  2 &  7,c7 9 p>agraph 7#b71
 by ins]t+ qualifi$ electric            
transportation options1 qualifi$        
electric vehicle re*>g+ prop]ties1 be=e 
& qualify+ compon5ts2  7#c7 9 subsection
 7c71 by /rik+ ,decemb] #cj1 #bjbj ea*  
place x appe>s & ins]t+ ,decemb] #ca1   
#bjcj2  7#d7 9 subsection 7g71 9 ! fir/ 
s5t5ce1 by ins]t+ 1 qualifi$ electric   
transportation options1 or qualifi$     
electric vehicle re*>g+ prop]ties be=e !
 p]iod at ! end2  7#e7 9 subsection     

7h77#a71 by /rik+ subp>agraph 7,b7 &    
ins]t+ ! foll[+3  7,b7 manufactures--   
7i7 ultra effici5t vehicles2  7ii7      
automobiles or compon5ts ( automobiles2 
7iii7 qualifi$ electric transportation  
options or compon5ts ( qualifi$ electric
 transportation options2 or  7iv7       
qualifi$ electric vehicle re*>g+        
prop]ties or compon5ts ( qualifi$       
electric vehicle re*>g+ prop]ties4  2 & 
7#f7 9 subsection 7i71 by /rik+ fiscal  
ye>s #bjjh ?r\gh #bjab & ins]t+ fiscal  
ye>s #bjba ?r\gh #bjcb4