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S. 1791

FAST Electricity Act

Fueling America's Security and Transportation with Electricity Act of 2021 or the FAST Electricity Act

This bill expands the tax credit for plug-in electric drive motor vehicles to include a 30% credit for additional electric transportation options capable of moving passengers, cargo, or property and powered by an integrated, on-board electric propulsion system. It also allows a credit for recharging and hydrogen refueling property and provides loan guarantees for transportation electrification domestic manufacturing facilities.

Read twice and referred to the Committee on Finance.

Sen. Cantwell, Maria [D-WA](D-WA)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions10subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

FAST Electricity Act — Informed