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HR 1864 107th Congress House Taxation Alternative fuels Automobile engines Automobile fuel consumption Automobile safety standards Automobiles Business income tax Commerce Compressed natural gas Electric vehicles Energy Energy tax credits Environmental Protection Fuel cells Hydrogen as fuel Income tax Liquefied natural gas Liquefied petroleum gas Methanol Motor vehicle pollution control

Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001

Introduced: May 16, 2001 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 16, 2001
Referred to the House Committee on Ways and Means.
May 16, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001 - Amends the Internal Revenue Code to allow an annual alternative motor vehicle credit equal to the sum of: (1) the new qualified fuel cell motor vehicle credit; (2) the new qualified hybrid motor vehicle credit; and (3) the new qualified alternative fuel motor vehicle credit. Sets forth credit termination dates.

Extends and revises the credit for qualified electric vehicles. Makes leased vehicles eligible for the credit.

Allows (through 2007) an alternative fuel retail sales credit of 50 cents per gallon to a qualifying retailer.

Extends and revises the deduction for certain clean fuel vehicles and refueling property.

Allows (through 2007) a credit for the installation of residential or retail clean-fuel vehicle refueling property.

What's happening now May 16, 2001

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1