S 2854 · 111th Congress · Taxation
A bill to amend the Internal Revenue Code of 1986 to extend and modify the credit for new qualified hybrid motor vehicles, and for other purposes.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2009-12-09)
Plain Language Summary
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Amends the Internal Revenue Code to: (1) increase and extend through 2014 the tax credit for new qualified hybrid motor vehicles; (2) allow such credit for certain fuel-efficient heavy trucks and heavy electric vehicles; (3) extend through 2013 tax credits for alternative fuel vehicle refueling property expenditures; (4) expand the definition of refueling property for electric motor vehicles to include panel upgrades, wiring, conduit, trenching, pedestals, and related equipment; and (5) allow a new tax credit, through 2013, for 50% of the cost, up to $3,500, for electric idling reduction devices installed on heavy-duty diesel powered on-highway vehicles. Directs the Secretary of Energy to publish standards for certifying idling reduction devices.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
2 Democrats3 Republicans