Summary: This bill would amend Internal Revenue codes to provide tax incentives for increased investment in clean energy, including electric vehicles and infrastructure. The bill would specifically reform the 30D and 30C consumer incentives.
Summary: This bill would add Section 45U to the Internal Revenue Code of 1986, establishing a tax credit for rare earth minerals. The proposed credit is $20/kilogram for rare earth magnets manufactured in the United States and $30/kilogram for rare earth magnets in which all components are domestically produced. The tax credit will phase out after 2030, decreasing to 70% in 2031, 35% in 2032, and 0% in 2033. The tax credit does not apply to any rare-earth magnet containing components sourced from a non-allied foreign nation.
Summary: The bill would require the Environmental Protection Agency Administrator to establish a rebate program to promote the purchase and installation of electric vehicle supply equipment for medium- and heavy-duty vehicles.
Summary: This bipartisan bill would also raise the limit on the advanced fuel vehicle refueling property investment tax credit (commonly known as 30C) from its current $30,000 cap per location to a $200,000 cap per charger.
Summary: This bill would direct the Department of Energy to establish the Clean School Bus Grant Program to replace existing diesel buses with electric buses.
Summary: This bill would improve the quality and timeliness of federal permitting and review processes with respect to critical mineral production on Federal land.
Summary: This bill would direct the Secretary of Energy to establish a rebate program to promote the purchase and installation of publicly accessible electric vehicle supply equipment, and for other purposes.
Summary: These bills would direct DOE to assess and report on the state of, challenges to, and opportunities for greater deployment of EV charging infrastructure in disadvantaged and underserved communities. The bills would also authorize a $60 million competitive grant program, the “EV Charging Equity Program,” to increase deployment and accessibility of EV charging infrastructure in those communities.
Summary: The American Jobs in Energy Manufacturing Act of 2021 would strengthen American manufacturing by providing $8 billion for a 30% tax credit to manufacturers that retool, expand or build new facilities that make parts and technologies needed to reduce carbon emissions.