U.S. Congress - H.R.1920 Health Care for Hybrids Act
H.R.1920 - Health Care for Hybrids Act
To provide incentives to the auto industry to accelerate efforts to develop more energy-efficient vehicles to lessen dependence on oil. view all titles (2)
All Bill Titles
- Official: To provide incentives to the auto industry to accelerate efforts to develop more energy-efficient vehicles to lessen dependence on oil. as introduced.
- Short: Health Care for Hybrids Act as introduced.
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Official Summary
4/18/2007--Introduced.Health Care for Hybrids Act - Requires the Secretaries of Energy, Health and Human Services, Transportation, and the Treasury to establish a task force to create a program to reimburse certain domestic automobile manufacturers for a portion (up to 10%) of the annual hOfficial Summary
4/18/2007--Introduced.Health Care for Hybrids Act - Requires the Secretaries of Energy, Health and Human Services, Transportation, and the Treasury to establish a task force to create a program to reimburse certain domestic automobile manufacturers for a portion (up to 10%) of the annual health care coverage costs for their retired employees. Requires such manufacturers to invest at least 50% of their health care cost savings in petroleum fuel reduction technologies, including alternative or flexible fuel vehicles and hybrids, and in the retraining of workers and retooling of manufacturing plants. Terminates such program on December 31, 2017. Amends the Internal Revenue Code to:
(1) define economic substance for purposes of evaluating tax shelter transactions;
(2) impose penalties for understatements of tax liability resulting from transactions lacking in economic substance; and
(3) deny a tax deduction for interest assessed on underpayments of tax resulting from transactions lacking in economic substance.
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H.R.1920: To amend the Clean Air Act to conform the ... - OpenCongress
H.R. 1920: To amend the Clean Air Act to conform the definition of ... A bill in the U.S. Congress: To amend the Clean Air Act to conform the definition of renewable biomass to the definition given the term in the Farm Security and Rural Investment Act of
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