I 
115TH CONGRESS 
2D SESSION 
H. R. 6274 
To amend the Internal Revenue Code of 1986 to extend certain tax credits 
related to electric cars, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 28, 2018 
Mr. WELCH (for himself, Mr. HUFFMAN, and Ms. ROSEN) introduced the 
following bill; which was referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to extend 
certain tax credits related to electric cars, and for other 
purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Electric Credit Access 
Ready at Sale Act of 2018’’ or the ‘‘Electric CARS Act 
of 2018’’. 
SEC. 2. EXTENSION AND MODIFICATION OF NEW QUALI-
FIED PLUG-IN ELECTRIC DRIVE MOTOR VEHI-
CLES CREDIT. 
(a) EXTENSION.— 
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(1) IN GENERAL.—Section 30D(e) of such Code 
is amended to read as follows: 
‘‘(e) TERMINATION.—This section shall not apply to 
any new qualified plug-in electric drive motor vehicle 
placed in service after December 31, 2028.’’. 
(2) 2- AND 3-WHEELED PLUG-IN ELECTRIC VE-
HICLES.—Section 30D(g)(3)(E) is amended by 
striking ‘‘or’’ at the end of clause (i), by redesig-
nating clause (ii) as clause (iii), and by inserting 
after clause (i) the following new clause: 
‘‘(ii) after December 31, 2017, and 
before January 1, 2029, or’’. 
(b) CREDIT MAY BE ASSIGNED TO FINANCING ENTI-
TY.—Section 30D(f) of such Code is amended by adding 
at the end the following new paragraph: 
‘‘(8) CREDIT MAY BE ASSIGNED TO FINANCING 
ENTITY.— 
‘‘(A) IN
GENERAL.—The credit which 
would (but for this paragraph) be allowed with 
respect to a vehicle under subsection (a) for any 
taxable year to any person (hereafter in this 
paragraph referred to as the ‘initial tax-
payer’)— 
‘‘(i) if assigned by the initial taxpayer 
to the person who financed the purchase 
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(or a lease of at least 2 years) of such ve-
hicle by the initial taxpayer, may be taken 
into account by such person, and 
‘‘(ii) shall not be taken into account 
by the initial taxpayer. 
Any person to whom such credit is assigned 
under clause (i) shall be treated for purposes of 
this title as the taxpayer that placed such vehi-
cle in service. 
‘‘(B) DISCLOSURE
REQUIREMENT.—Sub-
paragraph (A) shall not apply with respect to 
any vehicle unless the person to whom the cred-
it is assigned clearly discloses in writing to the 
initial taxpayer the amount of the credit allow-
able under subsection (a) with respect to such 
vehicle (determined without regard to sub-
section (c)).’’. 
(c) EFFECTIVE DATES.— 
(1) The amendments made by subsection (a) 
shall apply to vehicles acquired after December 31, 
2017. 
(2) The amendment made by subsection (b) 
shall apply to vehicles acquired more than 60 days 
after the date of the enactment of this Act. 
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SEC. 3. EXTENSION OF THE ALTERNATIVE FUEL VEHICLE 
REFUELING PROPERTY CREDIT. 
(a) IN GENERAL.—Section 30C(g) of the Internal 
Revenue Code of 1986 is amended by striking ‘‘2017’’ and 
inserting ‘‘2028’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to property placed in service after 
December 31, 2017. 
SEC. 4. EXTENSION OF THE ALTERNATIVE MOTOR VEHICLE 
CREDIT. 
(a) IN GENERAL.—Section 30B(k) of the Internal 
Revenue Code of 1986 is amended by striking ‘‘2017’’ in 
paragraph (1) and inserting ‘‘2028’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to property placed in service after 
December 31, 2017. 
Æ 
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