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Tax Credits for Commercial Electric Vehicles: Boosting Green Transport.

This act introduces new tax credits for businesses purchasing qualified commercial electric vehicles. The goal is to encourage the adoption of more environmentally friendly transportation, potentially reducing air pollution and operational costs for companies. These changes will apply to vehicles acquired after December 31, 2021.
Key points
Businesses can receive a tax credit equal to 30% of the cost of a qualified commercial electric vehicle.
The credit applies to vehicles with a battery capacity of at least 30 kWh, rechargeable from an external source, and not powered by an internal combustion engine.
A Vehicle Identification Number (VIN) must be included on the tax return to claim the credit.
The credit program will terminate for vehicles acquired after December 31, 2031.
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Additional Information
Print number: 117_HR_5180
Sponsor: Rep. Beyer, Donald S., Jr. [D-VA-8]
Process start date: 2021-09-07
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Green VAN Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5180.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-09-07.

What are the main provisions?

Key points include:

  • Businesses can receive a tax credit equal to 30% of the cost of a qualified commercial electric vehicle.
  • The credit applies to vehicles with a battery capacity of at least 30 kWh, rechargeable from an external source, and not powered by an internal combustion engine.
  • A Vehicle Identification Number (VIN) must be included on the tax return to claim the credit.
  • The credit program will terminate for vehicles acquired after December 31, 2031.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Beyer, Donald S., Jr. [D-VA-8].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Taxes Transport Environment