H.R.1659 - Fuel Cell Industrial Vehicle Jobs Act of 2011
To amend the Internal Revenue Code of 1986 to modify the credit for qualified fuel cell motor vehicles and to allow the credit for certain off-highway vehicles, and for other purposes. view all titles (2)
All Bill Titles
- Short: Fuel Cell Industrial Vehicle Jobs Act of 2011 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to modify the credit for qualified fuel cell motor vehicles and to allow the credit for certain off-highway vehicles, and for other purposes. as introduced.
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Official Summary
4/15/2011--Introduced.Fuel Cell Industrial Vehicle Jobs Act of 2011 - Amends the Internal Revenue Code to: (1) allow a $4,000 new qualified fuel cell motor vehicle tax credit for motor vehicles weighing not more than 8,500 pounds that are manufactured primarily for use in carrying or towinOfficial Summary
4/15/2011--Introduced.Fuel Cell Industrial Vehicle Jobs Act of 2011 - Amends the Internal Revenue Code to:(1) allow a $4,000 new qualified fuel cell motor vehicle tax credit for motor vehicles weighing not more than 8,500 pounds that are manufactured primarily for use in carrying or towing loads or materials for commercial or industrial purposes (off-highway vehicles);
(2) continue the maximum dollar amount of $8,000 for motor vehicles with at least 4 wheels weighing not more than 8,500 pounds that are manufactured primarily for use on public streets, roads and highways;
(3) allow an enhanced credit for light (not more than 8,500 pounds) and heavy (more than 8,500 pounds) vehicles if such vehicles' fuel cell systems achieve a specified electricity generation efficiency rating; and
(4) allow a new energy tax credit, through December 31, 2016, for qualified fuel cell property that is manufactured for use in powering qualified motive property. Defines "qualified motive property" as property which is manufactured primarily for carrying loads or materials for commercial or industrial purposes not on public streets, road, highways, or rails or operated primarily for recreational purposes.
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Recent News Coverage
Fuel Cell Stocks: Waiting for Government Handouts to Arrive? BLDP, ENA, FCEL
In fact, there is even a bill before Congress now called H.R. 1659 Fuel Cell Industrial Jobs Act of 2011 that will “improve the current tax credit for fuel cell-powered industrial vehicles” (In other words, give away tax payer money to support some ...
Tonko, Gibson Announce Fuel Cell Tax Credit Legislation Providing Benefits to Plug Power's GenDrive Business
...The two Congressmen are partnering on a bipartisan green jobs bill which has been introduced in the House of Representatives, H.R. 1659 Fuel Cell Industrial Jobs Act of 2011 (http://thomas.loc.gov/cgi-bin/query/z?c112:H.R.1659:). The legislation will im
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80(R) HR 1659 - Introduced version - Bill Text
R E S O L U T I O N. WHEREAS, The city of Rotan in Fisher County is celebrating. the 100th anniversary of its founding; and. WHEREAS, Originally known as White Flat for the white gypsum. sand of the area, the town was formally ...
The Fuel Cell Industrial Vehicle Jobs Act of 2011 - Fuel Cell and ...
On April 14th 2011 Representative Paul Tonko (D-NY) introduced H.R. 1659, the Fuel Cell Industrial Vehicle Jobs Act of 2011. The bill aims to amend the internal revenue code of 1986 to include qualified fuel cell ...

U.S. Congress - H.R.1659 Fuel Cell Industrial Vehicle Jobs Act of 2011



