. . . The Electric Vehicle Credit Act would amend the Internal Revenue Code to exclude transportation benefits for electric vehicle charging from an employee’s taxable income, the same way many employees can exclude other transportation benefits, such as transit passes or parking fees.
Minimum pack capacity for four-wheeled vehicles included within the bill is 4 kWh (2.5 kWh for 2- or 3-wheelers).
Employers would be able to give up to $250 per month in electric charging benefits without employees being taxed, making their benefit packages more competitive. . . .
