II 

117TH CONGRESS 

1ST SESSION S. 493 

To amend the Internal Revenue Code of 1986 to provide for the issuance 

of exempt facility bonds for zero-emission vehicle infrastructure. 

IN THE SENATE OF THE UNITED STATES 

MARCH 1, 2021 

Ms. CORTEZ MASTO (for herself, Ms. SMITH, and Ms. ROSEN) introduced the 

following bill; which was read twice and referred to the Committee on Finance 

A BILL 

To amend the Internal Revenue Code of 1986 to provide 

for the issuance of exempt facility bonds for zero-emission vehicle infrastructure. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. EXEMPT FACILITY BONDS FOR ZERO-EMISSION 

4 VEHICLE INFRASTRUCTURE. 

5 (a) IN GENERAL.—Section 142 of the Internal Rev6 enue Code of 1986 is amended— 

7 (1) in subsection (a)— 

8 (A) in paragraph (14), by striking ‘‘or’’ at 

9 the end; 


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1 (B) in paragraph (15), by striking the pe2 riod at the end and inserting ‘‘, or’’; and 

3 (C) by adding at the end the following new 

4 paragraph: 

5 ‘‘(16) zero-emission vehicle infrastructure.’’; 

6 and 

7 (2) by adding at the end the following new sub8 section: 

9 ‘‘(n) ZERO-EMISSION VEHICLE INFRASTRUCTURE.— 

10 ‘‘(1) IN GENERAL.—For purposes of subsection 

11 (a)(16), the term ‘zero-emission vehicle infrastruc12 ture’ means any property (not including a building 

13 and its structural components) if such property is— 

14 ‘‘(A) made available for use by members of 

15 the general public, and 

16 ‘‘(B) used to charge or fuel zero-emissions 

17 vehicles, but only if the property is located at 

18 the point where the vehicles are charged or 

19 fueled. 

20 ‘‘(2) INCLUSION OF UTILITY SERVICE CONNEC21 TIONS.—The term ‘zero-emission vehicle infrastruc22 ture’ shall include any utility service connections, 

23 utility panel upgrades, or contributions in aid of con24 struction (as described in section 118) which are reVerDate Sep 11 2014 03:36 Mar 20, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S493.IS S493

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1 quired for the charging or fueling of zero-emissions 

2 vehicles. 

3 ‘‘(3) ZERO-EMISSIONS VEHICLE.— 

4 ‘‘(A) IN GENERAL.—The term ‘zero-emis5 sions vehicle’ means— 

6 ‘‘(i) a zero-emission vehicle as defined 

7 in section 88.102–94 of title 40, Code of 

8 Federal Regulations (as in effect on the 

9 date of enactment of this subsection), or 

10 ‘‘(ii) a vehicle that, under any possible 

11 operational modes and conditions, produces 

12 zero exhaust emissions of— 

13 ‘‘(I) any criteria pollutant for 

14 which there are national ambient air 

15 quality standards under section 109 

16 of the Clean Air Act (42 U.S.C. 7409) 

17 or precursor pollutant, or 

18 ‘‘(II) any greenhouse gas. 

19 ‘‘(B) GREENHOUSE GAS.—For purposes of 

20 this paragraph, the term ‘greenhouse gas’ 

21 means any of the following: 

22 ‘‘(i) Carbon dioxide. 

23 ‘‘(ii) Methane. 

24 ‘‘(iii) Nitrous oxide. 

25 ‘‘(iv) Hydrofluorocarbons. 


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1 ‘‘(v) Perfluorocarbons. 

2 ‘‘(vi) Sulfur hexafluoride. 

3 ‘‘(4) ZERO-EMISSIONS VEHICLE INFRASTRUC4 TURE LOCATED WITHIN OTHER FACILITIES OR

5 PROJECTS.—For purposes of subsection (a), any 

6 zero-emission vehicle infrastructure located within— 

7 ‘‘(A) a facility or project described in sub8 section (a), or 

9 ‘‘(B) an area adjacent to a facility or 

10 project described in subsection (a) that pri11 marily serves vehicles traveling to or from such 

12 facility or project, 

13 shall be treated as described in the paragraph in 

14 which such facility or project is described.’’. 

15 (b) EFFECTIVE DATE.—The amendments made by 

16 this section shall apply to obligations issued after Decem17 ber 31, 2021. 

Æ 


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