To amend the Internal Revenue Code of 1986 to encourage the production and use of electric vehicles.
Electric Vehicle Consumer Incentive Tax Act of 1998 - Amends the Internal Revenue Code to revise provisions concerning the credit for qualified electric vehicles to, among other things: (1) increase from 10 to 100 percent the portion of the cost of such a vehicle which is allowable for such credit; and (2) extend such credit for an additional four years.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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