To amend the Internal Revenue Code of 1986 to provide tax incentives and fees for increasing motor vehicle fuel economy, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide tax incentives and fees for increasing motor vehicle fuel economy, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers. The main policy domain is Transportation, Energy, Environment.
Who Benefits and How
transportation operators and travelers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, transportation operators and travelers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HF71ECC517B0349BCBAD4027BC004B98A: 1. Short title This Act may be cited as the Vehicle Energy Performance Act of 2024. Except as otherwise expressly provided, whenever in this Act an amendment...
- Section H7F8C91D1176B49DCBC7ACE8C52B07100: 2. Tax credit for vehicle energy performance Subpart B of part IV of subchapter A of chapter 1 (relating to other credits) is amended by inserting after...
- Section H59857DB84A6D4DE5B3742518E06A487A: 30E. Vehicle energy performance rebate There shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the...
- Section HC5047A0D71874DC891DDCD7F1B4E5F33: 3. Low vehicle energy performance fee Section 4064 is amended to read as follows: 4064.Low vehicle energy performance fee(a)Imposition of taxThere is hereby...
- Section HDE39DEA2F49D4B8CAB8CE4722BF342F7: 4064. Low vehicle energy performance fee There is hereby imposed on the sale by the manufacturer of each low energy performance vehicle a tax equal to the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide tax incentives and fees for increasing motor vehicle fuel economy, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers.
Key Policy Areas
Transportation, Energy, Environment
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide tax incentives and fees for increasing motor vehicle fuel economy, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers.
Policy Domains
Whole bill
Identified Gains
- transportation operators and travelers
Identified Costs
- federal implementing agencies
- transportation operators and travelers
Sponsors
Legislative Progress
IntroducedMr. Casten (for himself and Ms. Matsui) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "administrator_of_epa"
- → Administrator of the Environmental Protection Agency
- "secretary_of_treasury"
- → Secretary of the Treasury
- "secretary_of_transportation"
- → Secretary of Transportation
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology