HR 4384 · 109th Congress · Energy
Energy For Our Future Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Energy and Air Quality.(2005-12-16)
Plain Language Summary
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Energy For Our Future Act - Amends the Internal Revenue Code of 1986, relating to alternative motor vehicle credit, to: (1) repeal the limitation on the number of new qualified hybrid and advanced lean-burn technology vehicles eligible for the credit; and (2) allow a composite energy efficient motor vehicle manufacturing tax credit consisting of an initial investment credit, a fuel economy achievement credit, and an eligible components research and development credit. Instructs the Secretary of Transportation to: (1) designate transit-oriented development corridors in urban areas; and (2) award grants to a state or local governments to construct or improve transit facilities, bicycle transportation facilities, and pedestrian walkways in such a corridor. Amends federal transportation law to prescribe phased increases in automobile fuel economy standards. Amends the Internal Revenue Code to subject sports utility vehicles (SUVs) to the limitation on the depreciation of certain luxury automobiles. Instructs the Secretary of Transportation to implement a national passenger car and light truck tire efficiency program. Amends the Energy Conservation and Production Act to double the appro…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
15 Democrats4 Republicans1 Independent