Aptera › Community › Aptera Discussions › More information on the future of EV Tax Credits in the US… › Reply To: More information on the future of EV Tax Credits in the US…
MemberAugust 12, 2021 at 8:29 pm
Went and found the text of the amendment. Need a good lawyer to get the true meaning, but several things in the wording. “The Chairman of the Committee on the Budget of the Senate may revise the allocations” (Key word “May”) and “which may include limiting eligibility of individuals with an adjusted gross income of greater than $100,000 or setting maximum car values allowed for eligible purchases at $40,000″(Key words “May and Or”) So not fully set in stone. Additionally the AGI is named for individuals, so I would assume that likely married/joint filers would get a $200,000 limit.