U.S. Congress - H.R.1618 To amend the Internal Revenue Code of 1986 to provide a credit for the purchase of plug...
H.R.1618 - To amend the Internal Revenue Code of 1986 to provide a credit for the purchase of plug-in hybrid vehicles.
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- Official: To amend the Internal Revenue Code of 1986 to provide a credit for the purchase of plug-in hybrid vehicles. as introduced.
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Official Summary
3/21/2007--Introduced.Amends the Internal Revenue Code to allow a tax credit for 10% of the cost of a qualified plug-in hybrid vehicle. Limits the amount of such credit to $4,000 for vehicles with a 4kWh traction battery, and $250 for each additional kWh of traction battery capacity as excOfficial Summary
3/21/2007--Introduced.Amends the Internal Revenue Code to allow a tax credit for 10% of the cost of a qualified plug-in hybrid vehicle. Limits the amount of such credit to $4,000 for vehicles with a 4kWh traction battery, and $250 for each additional kWh of traction battery capacity as exceeds 4kWh but does not exceed 50kWh.
Defines "qualified plug-in hybrid vehicle" as a passenger motor vehicle which has received a certificate of conformity under the Clean Air Act and which has not less than two onboard sources of stored energy, one of which is energized by plugging into an external source of electric power.
Terminates such credit after 2014.
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Recent Blog Coverage
H.R.1618: Produce the Note Act of 2011 - U.S. Congress - OpenCongress
A bill in the U.S. Congress: To require the filing of certain information regarding a residential mortgage in any proceeding for foreclosure of the mortgage. - ...
mlb hall of fame indicators: hitters
4) gary sheffield: 493 hr/1618 rbi/2596 h/.293 ba 5) harold baines: 384 hr/1628 rbi/2866 h/.289 ba 6) luis gonzalez: 353 hr/1432 rbi/2579 h/.283 ba there's no doubt that bonds, griffey and sheffield will eventually make it to ...
america to pelosi: drill
provide tax incentives for businesses and families that purchase more fuel efficient vehicles, as proposed in hr 1618 and hr 765 by reps. dave camp (r-mi) and jerry weller (r-il);; provide a monetary prize for developing the first ...
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