21st Century Vehicle Choice Act

Bill: 118-hr-10046
Sponsor: full_name: Rep. Landsman, Greg [D-OH-1]
Introduced: 2024-10-25
Policy area: Taxation
Latest action: action_date: 2024-10-25
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 10046 IN THE HOUSE OF REPRESENTATIVES October 25, 2024 Mr. Landsman introduced the following bill; which was referred to the Committee on Ways and Means , and in addition to the Committees on Energy and Commerce , and Natural Resources , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To require the submission of the Vehicle Choice Report by the Secretary of Commerce, to increase the clean vehicle tax credit, the previously-owned clean vehicle credit, and the alternative fuel refueling property tax credit, and for other purposes.

1. Short title This Act may be cited as the 21st Century Vehicle Choice Act . 2. Vehicle reports (a) Vehicle choice report Not later than 180 days after the date of the enactment of this section, the Secretary of Commerce shall submit to Congress a report titled the Vehicle Choice Report on the quantity of new motor vehicle varieties available for purchase in the United States that includes— (1) the number of varieties available of personal use, light-duty vehicles, light-duty trucks, heavy-duty vehicles, and heavy-duty pickup trucks and vans; and (2) an accounting of the trends in average and median purchase prices and ownership costs (including insurance, fuel, and maintenance) of personal use, light-duty vehicles, light-duty trucks, heavy-duty vehicles, and heavy-duty pickup trucks and vans. (b) Reports on critical minerals for hybrid and electric vehicles Not later than 180 days after the date of the enactment of this section, and annually thereafter for the next 5 years, the Secretary of Energy, in consultation with the Secretary of the Interior, the Secretary of Commerce, the Secretary of Defense, the Secretary of Agriculture, and the United States Trade Representative, shall submit to Congress a report— (1) that identifies the critical minerals (as defined section 2 of Executive Order 13817 (82 Fed. Reg. 60835; relating to a Federal strategy to ensure secure and reliable supplies of critical minerals)) needed for the manufacture or operation of hybrid vehicles, electric vehicles, battery technologies, and other related emerging technologies; and (2) that describes implementation of section 4 of Executive Order 13817 with respect to the critical minerals identified under paragraph (1) of this subsection. (c) Study and reports on gasoline super-users (1) Initial study and report (A) In general Not later than 2 years after the date of the enactment of this section, the Secretary of Energy, in consultation with the Secretary of Transportation, shall submit to Congress a report that identifies the 100 routes used most by gasoline super-users. (B) Availability on websites of the Departments The Secretary of Energy and the Secretary of Transportation shall make the report submitted under paragraph (1) available on the website of the Department of Energy and the website of the Department of Transportation. (2) Electric vehicle charging station availability and usage reports Not later than 1 year after the report is submitted under paragraph (1), and annually thereafter for the following 5 years, the Secretary of Energy, in consultation with the Secretary of Transportation, shall submit to Congress and make available to the public a report on the availability and usage rates of electric vehicle charging stations along the routes identified in the report submitted under paragraph (1). (d) Definitions In this section: (1) Gasoline super-user (A) In general The term gasoline super-user means a motor vehicle that is in the top 10 percent for gasoline consumption, per year, on average, as determined under subparagraph (B). (B) Determination The Secretary of Energy, in consultation with the Administrator of the Environmental Protection Agency, shall determine how much gasoline is consumed per year for each make and model of motor vehicle. In making any such determination, the Secretary of Energy shall divide the average miles driven per year by all motor vehicles by the average fuel economy for the applicable make and model of motor vehicle. (2) Heavy-duty pickup trucks and vans The term heavy-duty pickup trucks and vans has the meaning given that term in section 523.7 of title 49, Code of Federal Regulations. (3) Heavy-duty vehicle; light-duty vehicle; light-duty truck The terms heavy duty vehicle , light-duty vehicle , and light-duty truck have the meaning given those terms in section 86.082–2(b) of title 40, Code of Federal Regulations. (4) Motor vehicle The term motor vehicle has the meaning given that term in section 30102(a) of title 49, United States Code. (5) New The term new , with respect to a motor vehicle, means that— (A) a sale is not recorded and a title has not been issued for that vehicle; (B) the only documentation on the vehicle is the point of origin of the manufacturer; and (C) there may be recorded mileage for that vehicle. 3. Modification of clean vehicle tax credit (a) Increase in credit amount Section 30D(b) of the Internal Revenue Code of 1986 is amended by striking $3,750 in paragraphs (2) and (3) and inserting $7,500 . (b) Modification of limitation based on modified adjusted gross income Section 30D(f)(10)(B) of such Code is amended— (1) by striking $300,000 in clause (i) and inserting $225,000 , (2) by striking $225,000 in clause (ii) and inserting $169,000 , and (3) by striking $150,000 in clause (iii) and inserting $112,500 . (c) Effective date The amendments made by this section shall apply to vehicles placed in service after the date of the enactment of this Act. 4. Increase of previously-owned clean vehicle credit (a) In general Section 25E(a) of the Internal Revenue Code of 1986 is amended— (1) by striking $4,000 in paragraph (1) and inserting $8,000 , and (2) by striking 30 percent in paragraph (2) and inserting 60 percent . (b) Effective date The amendments made by this section shall apply to vehicles acquired after the date of the enactment of this Act. 5. Increase of alternative fuel refueling property tax credit (a) In general Section 30C(a) of the Internal Revenue Code of 1986 is amended by striking 30 percent and inserting 50 percent . (b) Effective date The amendment made by this section shall apply to qualified alternative fuel vehicle refueling property placed in service after the date of the enactment of this Act.