S.1151 - Health Care for Hybrids Act

A bill 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: A bill 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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Introduced
 
Senate
Passes
 
House
Passes
 
President
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04/17/07
 
 
 
 
 
 
 

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 h

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 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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Recent Blog Coverage

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01/24/11
S.139: Equal Access to Tax Planning Act - U.S. Congress - OpenCongress

introduced S. 139, the Climate Stewardship Act, a carbon cap-and-trade bill. It was defeated by a vote of 43-55. In 2005, McCain and Lieberman introduced a revised version, S. 1151, the Climate Stewardship and Innovation ...

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01/05/09
S.139: Data Breach Notification Act - U.S. Congress - OpenCongress

... a carbon cap-and-trade bill. It was defeated by a vote of 43-55. In 2005, McCain and Lieberman introduced a revised version, S. 1151, the Climate Stewardship and Innovation ... Source: opencongress.org ... -

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12/10/08
Deutschland Archiv: Zeitschrift für das vereinigte Deutschland - H ...

... Phantoms of War in Contemporary German Literature, Films and Discourse (Michael Braun) S. 1138. AKTUELLES AUS DER DDR-FORSCHUNG Newsletter 3/2008 S. 1139-1150. DIE AUTORINNEN UND AUTOREN DIESES HEFTES S. 1151-1152 ...

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