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Tax Credits for Flexible Fuel Vehicle Production and Restoration of Incentives

This act introduces tax credits for car manufacturers producing vehicles capable of running on alternative fuels like methanol or ethanol. The goal is to encourage the production of more environmentally friendly cars, potentially affecting their availability and prices for citizens. Additionally, it restores and modifies previous incentives for dual-fueled vehicles.
Key points
Car manufacturers will receive a $200 tax credit for each flexible fuel vehicle (e.g., methanol, ethanol) produced and sold.
The credit aims to encourage the production of vehicles less reliant on traditional gasoline, potentially increasing their market availability.
Provisions for incentives for dual-fueled vehicle manufacturers, which expired in 2019, are restored and modified.
The act will not apply to vehicles produced for model years ending after 2031.
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Additional Information
Print number: 117_S_2267
Sponsor: Sen. Klobuchar, Amy [D-MN]
Process start date: 2021-06-24
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Clean Fuels Vehicle Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2267.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-06-24.

What are the main provisions?

Key points include:

  • Car manufacturers will receive a $200 tax credit for each flexible fuel vehicle (e.g., methanol, ethanol) produced and sold.
  • The credit aims to encourage the production of vehicles less reliant on traditional gasoline, potentially increasing their market availability.
  • Provisions for incentives for dual-fueled vehicle manufacturers, which expired in 2019, are restored and modified.
  • The act will not apply to vehicles produced for model years ending after 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 Sen. Klobuchar, Amy [D-MN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

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

CATEGORIES

Taxes Environment Transport