HR 1706 · 112th Congress · Taxation

Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2011

Introduced 2011-05-04· Sponsored by Rep. Davis, Geoff [R-KY-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2011-05-04)

Plain Language Summary

[AI summary unavailable — showing source text] Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2011 - Amends the Internal Revenue Code to allow a general business tax credit for 50% of the cost of placing in service any qualified commercial vehicle advanced safety system. Defines "qualified commercial vehicle advanced safety system" as a manufacturer-certified brake stroke monitoring system, lane departure warning system, collision warning system, or vehicle stability system identified by the Federal Motor Carrier Safety Administration or the National Highway Traffic Safety Administration as significantly enhancing the safety or security of commercial drivers, vehicles, or passengers. Terminates such credit after 2016.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

10 Democrats4 Republicans