IN THE SENATE OF THE UNITED STATES
June 27, 2019
Ms. Cortez Masto (for herself, Ms. Smith, and Mrs. Gillibrand) introduced the following bill; which was read twice and referred to the Committee on Finance
To amend the Internal Revenue Code of 1986 to provide for the issuance of exempt facility bonds for zero-emission vehicle infrastructure.
This Act may be cited as the
Greener Transportation for Communities Act.
Exempt facility bonds for zero-emission vehicle infrastructure
Section 142 of the Internal Revenue Code of 1986 is amended—
in subsection (a)—
in paragraph (14), by striking
or at the end,
in paragraph (15), by striking the period at the end and inserting
, or, and
by adding at the end the following new paragraph:
zero-emission vehicle infrastructure.
by adding at the end the following new subsection:
Zero-Emission vehicle infrastructure
For purposes of subsection (a)(16), the term zero-emission vehicle infrastructure means any property (not including a building and its structural components) if such property is—
made available for use by members of the general public, and
used to charge or fuel zero-emissions vehicles, but only if the property is located at the point where the vehicles are charged or fueled.
Inclusion of utility service connections
The term zero-emission vehicle infrastructure shall include any utility service connections, utility panel upgrades, or contributions in aid of construction (as described in section 118) which are required for the charging or fueling of zero-emissions vehicles.
The term zero-emissions vehicle means—
a zero-emission vehicle as defined in section 88.102–94 of title 40, Code of Federal Regulations, or
a vehicle that produces zero exhaust emissions of any criteria pollutant (or precursor pollutant) or greenhouse gas under any possible operational modes and conditions.
Zero-emissions vehicle infrastructure located within other facilities or projects
For purposes of subsection (a), any zero-emission vehicle infrastructure located within—
a facility or project described in subsection (a), or
an area adjacent to a facility or project described in subsection (a) that primarily serves vehicles traveling to or from such facility or project,
The amendments made by this section shall apply to obligations issued after December 31, 2019.