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This bill seeks to encourage adoption of non-gas vehicles through a combination of tax incentives. It would spend $4.5 billion over the next ten years on tax rebates for buyers of natural gas vehicles and subsidies for manufacturers of the vehicles. It also authorizes $1.5 billion over the next ten years for research and development effort related to plug-in hybrid electric vehicles. To pay for it all, it would nearly triple the tax oil companies pay into the Oil Spill Liability Trust Fund from 8 cents per barrel to 21 cents.
OpenCongress bill summaries are written by OpenCongress editors and are entirely independent of Congress and the federal government. For the summary provided by Congress itself, via the Congressional Research Service, see the "Official Summary" below.
Organizations Supporting S.3815
- American Jewish Committee
- Domestic Energy Producers Alliance
Organizations Opposing S.3815
- North Shore Tea Party
- National Propane Gas Association
Latest Letters to Congress
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