US Codex
Bill
Notes

Securing America's Clean Fuels Infrastructure Act

S. 975 · 117th Congress · Mar 25, 2021 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to extend and modify the credit for alternative fuel vehicle refueling property.

1. Short title

This Act may be cited as the “Securing America's Clean Fuels Infrastructure Act”.

2. Extension of credit for alternative fuel vehicle refueling property

(a)
In general— Subsection (g) of section 30C of the Internal Revenue Code of 1986 is amended by striking “December 31, 2021” and inserting “December 31, 2029”.
(b)
Effective date— The amendments made by this section shall apply to property placed in service after December 31, 2021.

3. Modification of credit limitation

(a)
In general— Subsection (b) of section 30C of the Internal Revenue Code of 1986 is amended—
(1)
by striking “with respect to all” and inserting “with respect to any single item of”,
(2)
by striking “at a location”, and
(3)
in paragraph (1), by striking “$30,000 in the case of a property” and inserting “$200,000 in the case of any such item of property”.
(b)
Effective date— The amendments made by this section shall apply to property placed in service after December 31, 2020.