S.271 - Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009

A bill to amend the Internal Revenue Code of 1986 to provide incentives to accelerate the production and adoption of plug-in electric vehicles and related component parts. view all titles (2)

All Bill Titles

  • Short: Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009 as introduced.
  • Official: A bill to amend the Internal Revenue Code of 1986 to provide incentives to accelerate the production and adoption of plug-in electric vehicles and related component parts. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
01/15/09
 
 
 
 
 
 
 

Latest Action Jan 15, 2009Read twice and referred to the Commi... Related Bills (1) & Issues (8) Users Tracking S.271 (4)
1/15/2009--Introduced.Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009 - Amends the Internal Revenue Code to: (1) allow an election to expense the cost of manufacturing property for producing plug-in electric drive motor vehicles and components; (2) in

Official Summary

1/15/2009--Introduced.Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009 - Amends the Internal Revenue Code to:
(1) allow an election to expense the cost of manufacturing property for producing plug-in electric drive motor vehicles and components;
(2) increase the number of such vehicles eligible for a tax credit;
(3) allow a five-year recovery period for the depreciation of smart meters and smart grid systems; and
(4) increase the rate of the tax credit for alternative fuel vehicle refueling property and the maximum credit amount for commercial refueling property.

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Recent Blog Coverage

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03/19/10
Antón INFO (deutsch): Pädophilie: Dämonisiert und verharmlost

... der eine sexuelle Stimulierung durch Kinder abschwächt, bei Pädophilen nicht funktioniert, sondern sich sogar ins Gegenteil verkehrt (“European Archive of Psychiatry and Clinical Neuro science“ 2008, Bd. 258 , S. 271). ...

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03/18/10
[2010] 3 taxmann.com 39 (Mum. - ITAT)

8.2 The above view is also supported by the provisions of Explanation 1(B) of section 271 of the Act. According to us as per the provisions of Explanation 1(B) of S. 271 of the Act the burden is on the assessee to substantiate the ...

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03/07/10
DUM-Blog: Großmutter

(S. 271) Mir brauch'n 's nix erzähln, i kenn des eh: „Mir war in meinem Leben nur in der Schule langweilig und das beinahe immer. (…) Die Verstellungskunst war die erste und einzige Kunst, die ich in der Schule wirklich gelernt habe. ...

Source: DUM-Blog
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