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S.1921 - Reducing Energy Use Through Retrofitting Older Vehicles Act

A bill to amend the Internal Revenue Code of 1986 to provide a tax credit for the retrofit conversion of a nonhybrid motor vehicle to a hybrid. view all titles (3)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to provide a tax credit for the retrofit conversion of a nonhybrid motor vehicle to a hybrid. as introduced.
  • Short: Reducing Energy Use Through Retrofitting Older Vehicles Act as introduced.
  • Short: RETRO Act as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
11/29/11
 
 
 
 
 
 
 

Sponsor

B001268

Senator

Scott Brown

R-MA

No Co-Sponsors

Official Summary

Reducing Energy Use Through Retrofitting Older Vehicles Act or the RETRO Act - Amends the Internal Revenue Code to allow a tax credit for the cost of converting a motor vehicle into a hybrid motor vehicle, based on gross vehicle weight.  Limits the number of converted motor vehicles eligibl

Official Summary

Reducing Energy Use Through Retrofitting Older Vehicles Act or the RETRO Act - Amends the Internal Revenue Code to allow a tax credit for the cost of converting a motor vehicle into a hybrid motor vehicle, based on gross vehicle weight.  Limits the number of converted motor vehicles eligible for such credit.  Terminates such credit five years after the enactment of this Act.

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