FAST Electricity Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (May 24, 2021)
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.
What just happenedMay 24, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateMay 24, 2021
- May 24, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - May 24, 2021IntroReferral10000
Introduced in Senate