,,ii  #aagth ,,congress  #ast ,session  
,s4 #did  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,march #a1 #bjba,ms4
 ,cortez ,masto introduced the following
 bill2 which was read twice and referred
 to the ,committee on ,finance  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to provide for a credit 
for zero-emission buses4  #a4 ,short    
title ,this ,act may be cited as the    
,green ,bus ,tax ,credit ,act of #bjba4 
#b4 ,credit for zero-emission buses  7a7
 ,in general ,subpart ,d of part ,,iv of
 subchapter ,a of chapter #a of the     
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new section3  #de,u4          
,zero-emission bus credit  7a7          
,allowance of credit ,for purposes of   
section #ch1 in the case of a           
manufacturer of a zero-emission bus1 the
 zero-emission bus credit determined    
under this section for a taxable year is
 an amount equal to #aj percent of the  
sum of the sale price of each           

zero-emission bus sold by such taxpayer 
during such taxable year4  7b7          
,limitation ,the sale price of a        
zero-emission bus may not be taken into 
account under subsection 7a7 to the     
extent such price exceeds #a1jjj1jjj4   
7c7 ,zero-,emission bus ,for purposes of
 this section-- 7#a7 ,in general ,the   
term zero-emission bus means a motor    
vehicle which-- 7,a7 has a gross vehicle
 weight rating of not less than #ad1jjj 
pounds1  7,b7 is not powered or charged 
by an internal combustion engine1  7,c7 
is propelled solely by an electric motor
 which draws electricity from a battery 
or fuel cell1  7,d7 is designed to carry
 #ae or more passengers1 and  7,e7      
satisfies the requirements established  
under section #ecbc7;j7 of title #di1   
,united ,states ,code4  7#b7 ,motor     
vehicle2 manufacturer ,the term motor   
vehicle and manufacturer have the       
meaning given such terms in paragraphs  
7#b7 and 7#c7 of section #cj;,d7d71     
respectively4  7d7 ,special rules  7#a7 

,sale price ,for purposes of this       
section1 the sale price of a            
zero-emission bus shall be reduced by   
any rebate or other incentive given     
before1 on1 or after the date of the    
sale4  7#b7 ,domestic use ,no credit    
shall be allowed under subsection 7a7   
with respect to a zero-emission bus to a
 manufacturer who knows or has reason to
 know that such vehicle will not be used
 primarily in the ,united ,states or a  
possession of the ,united ,states4  7#c7
 ,regulations ,the ,secretary shall     
prescribe such regulations as may be    
necessary or appropriate to carry out   
the purposes of this section1 including 
procedures for manufacturers to certify 
compliance with the requirements under  
subsection 7c77#a77;,e7 and to conduct  
audits with respect to vehicles for     
which a credit is allowed under this    
section to ensure such requirements have
 been satisfied4  7e7 ,termination ,this
 section shall not apply to sales after 
,december #ca1 #bjbf4  4  7b7 ,credit   

made part of general business credit    
,subsection 7b7 of section #ch of such  
,code is amended by striking plus at the
 end of paragraph 7#cb71 by striking the
 period at the end of paragraph 7#cc7   
and inserting 1 plus1 and by adding at  
the end the following new paragraph3    
7#cd7 the zero-emission bus credit      
determined under section #de,u4  4  7c7 
,clerical amendment ,the table of       
sections for subpart ,d of part ,,iv of 
subchapter ,a of chapter #a of such     
,code is amended by adding at the end   
the following new item3 ,sec4 #de,u4    
,zero-emission bus credit44  7d7        
,effective date ,the amendments made by 
this section shall apply to sales after 
the date of the enactment of this ,act4