Buyers could claim the new clean vehicle tax credit only once

The new clean vehicle tax credit would use two $7,500 amounts. The listed income limits would be $225,000, $169,000, or $112,500. A taxpayer already allowed this credit in an earlier tax year or for a vehicle put into use earlier that year would get no credit for another vehicle. These terms would apply to vehicles put into use after enactment.

The used clean vehicle tax credit would use an $8,000 amount and a 60% rate. This provision covers purchases eligible for the used clean vehicle tax credit. Buyers and vehicles would still need to qualify for the credit. These terms would apply to vehicles bought after enactment.

The tax credit for eligible alternative-fuel refueling equipment would use a 50% rate. This provision covers equipment for refueling vehicles that use alternative fuels. The equipment would need to qualify for the tax credit. These terms would apply to eligible equipment put into use after enactment.

Commerce and Energy would send these reports to Congress. Charging reports would cover regions with the highest concentrations and numbers of owners whose light-duty vehicles rank in the top 10% for gasoline use, plus the 100 most-used routes there. Vehicle-choice and minerals reports would be due within 180 days of enactment. The gasoline-use report would be due within two years. Charging reports would start within one year of that report. Minerals and charging reports would then repeat annually for five more years.