U.S. Congress - H.R.253 Clean Vehicles for Cleaner Air Act of 2011
H.R.253 - Clean Vehicles for Cleaner Air Act of 2011
To amend the Internal Revenue Code of 1986 to provide a business credit relating to the use of clean-fuel and fuel efficient vehicles by businesses within areas designated as nonattainment areas under the Clean Air Act. view all titles (2)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to provide a business credit relating to the use of clean-fuel and fuel efficient vehicles by businesses within areas designated as nonattainment areas under the Clean Air Act. as introduced.
- Short: Clean Vehicles for Cleaner Air Act of 2011 as introduced.
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Official Summary
1/7/2011--Introduced.Clean Vehicles for Cleaner Air Act of 2011 - Amends the Internal Revenue Code to allow certain businesses located in areas designated as nonattainment areas under the Clean Air Act a general business tax credit for the cost of certain clean-fuel vehicle property and thOfficial Summary
1/7/2011--Introduced.Clean Vehicles for Cleaner Air Act of 2011 - Amends the Internal Revenue Code to allow certain businesses located in areas designated as nonattainment areas under the Clean Air Act a general business tax credit for the cost of certain clean-fuel vehicle property and the use of clean-burning fuel. Allows the credit to be taken against regular and alternative minimum tax liabilities. Allows a tax deduction for any unused clean fuel credit amounts. Allows a tax credit for the cost of hybrid vehicles placed in service in, and of which substantially all of the use occurs in, nonattainment areas....Read the Rest
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