H.R.500 - To amend the Internal Revenue Code of 1986 to increase the manufacturer limitation on the number of new qualified plug-in electric drive motor vehicles eligible for credit.

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  • Official: To amend the Internal Revenue Code of 1986 to increase the manufacturer limitation on the number of new qualified plug-in electric drive motor vehicles eligible for credit. as introduced.

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Introduced
 
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01/25/11
 
 
 
 
 
 
 

Sponsor

Representative

Sander Levin

D-MI

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Official Summary

1/26/2011--Introduced.Amends the Internal Revenue Code to increase from 200,000 to 500,000 the limit on the number of new qualified plug-in electric drive vehicles that may be manufactured for purposes of the phase-out of the tax credit for such vehicles.




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