Title: Greener Transportation for Communities Act
Policy area: Taxation

Summary:
Greener Transportation for Communities Act
This bill amends the Internal Revenue Code to permit the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure. The bill defines "zero emissions vehicles" as any light- or heavy-duty vehicles that conform to the regulatory zero-emission vehicles standard or vehicles that produce zero exhaust emissions of any criteria pollutant or greenhouse gas.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 2039 Introduced in Senate (IS)]

<DOC>






116th CONGRESS
  1st Session
                                S. 2039

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

                             June 27, 2019

    Ms. Cortez Masto (for herself, Ms. Smith, and Mrs. Gillibrand) 
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.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Greener Transportation for 
Communities Act''.

SEC. 2. EXEMPT FACILITY BONDS FOR ZERO-EMISSION VEHICLE INFRASTRUCTURE.

    (a) In General.--Section 142 of the Internal Revenue Code of 1986 
is amended--
            (1) in subsection (a)--
                    (A) in paragraph (14), by striking ``or'' at the 
                end,
                    (B) in paragraph (15), by striking the period at 
                the end and inserting ``, or'', and
                    (C) by adding at the end the following new 
                paragraph:
            ``(16) zero-emission vehicle infrastructure.'', and
            (2) by adding at the end the following new subsection:
    ``(n) Zero-Emission Vehicle Infrastructure.--
            ``(1) In general.--For purposes of subsection (a)(16), the 
        term `zero-emission vehicle infrastructure' means any property 
        (not including a building and its structural components) if 
        such property is--
                    ``(A) made available for use by members of the 
                general public, and
                    ``(B) used to charge or fuel zero-emissions 
                vehicles, but only if the property is located at the 
                point where the vehicles are charged or fueled.
            ``(2) Inclusion of utility service connections.--The term 
        `zero-emission vehicle infrastructure' shall include any 
        utility service connections, utility panel upgrades, or 
        contributions in aid of construction (as described in section 
        118) which are required for the charging or fueling of zero-
        emissions vehicles.
            ``(3) Zero-emissions vehicle.--The term `zero-emissions 
        vehicle' means--
                    ``(A) a zero-emission vehicle as defined in section 
                88.102-94 of title 40, Code of Federal Regulations, or
                    ``(B) a vehicle that produces zero exhaust 
                emissions of any criteria pollutant (or precursor 
                pollutant) or greenhouse gas under any possible 
                operational modes and conditions.
            ``(4) Zero-emissions vehicle infrastructure located within 
        other facilities or projects.--For purposes of subsection (a), 
        any zero-emission vehicle infrastructure located within--
                    ``(A) a facility or project described in subsection 
                (a), or
                    ``(B) an area adjacent to a facility or project 
                described in subsection (a) that primarily serves 
                vehicles traveling to or from such facility or project,
        shall be treated as described in the paragraph in which such 
        facility or project is described.''.
    (b) Effective Date.--The amendments made by this section shall 
apply to obligations issued after December 31, 2019.
                                 <all>