A bill to amend the Internal Revenue Code of 1954 to allow a credit against income tax for the purchase of an electric vehicle or for converting a vehicle powered by an internal combustion engine to electric power.

Amends the Internal Revenue Code to allow a nonrefundable income tax credit equal to ten percent of the cost of acquiring an electric automobile, or ten percent of the cost of converting an automobile powered by an internal combustion engine to the use of electrical power. Limits the dollar amount of such credit to $1,000.