To amend the Internal Revenue Code of 1986 to increase the credit limitation for new qualified plug-in electric drive motor vehicles.
Electric Vehicle Purchasing Credit Expansion Act of 2012 - Amends the Internal Revenue Code, with respect to the tax credit for the purchase of new plug-in electric drive motor vehicles, to increase: (1) the per vehicle dollar limitation from $2,500 to $3,750, and (2) the limitation based on battery capacity from $5,000 to $6,250.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E1427)
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