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H.R.848 - GREEN Act of 2021 -- $7,000 tax credit for new Tesla may return this year

Discussion in 'Energy, Environment, and Policy' started by timeshifter, Feb 21, 2021.

  1. timeshifter

    timeshifter Member

    Joined:
    Jan 23, 2021
    Messages:
    30
    Location:
    Louisville, KY
    H.R.848 - 117th Congress (2021-2022): GREEN Act of 2021

    Didn't see this being discussed anywhere else on this site, so I thought I put it here. (Note, I do see a thread that started in 2018 about the Green New Deal, but didn't seem relevant)

    Anyway, this bill if passed would bring back the tax credit for new EV purchasers. If you're buying a Tesla then you may get up to a $7,000 credit. The bill was introduced on Feb 2.

    Personally, I'm not going to order a Tesla until this goes into effect or not. No way I want to plunk down $40,000 then realize if I had waited two more months I'd be getting $7,000 "back" from the government.

    My main reason for posting is in trying to get a handle on when this might happen. I signed up for alerts on congress.gov.

    Anyone have a feel for how this will move along?
     

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