Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001
Official title: A bill to amend the Internal Revenue Code of 1986 to encourage and accelerate the nationwide production, retail sale, and consumer use of new motor vehicles th… Show full official titleShow less
Official title: A bill to amend the Internal Revenue Code of 1986 to encourage and accelerate the nationwide production, retail sale, and consumer use of new motor vehicles that are powered by fuel cell technology, hybrid technology, battery electric technology, alternative fuels, or other advanced motor vehicle technologies, and for other purposes.
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Sponsor introductory remarks on measure. (CR S10626)
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.
- Introduced in Senate Formatted Text PDF
Cite this page
U.S. Congress. (2026). S. 760: Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-S-760/
"S. 760: Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-760/.
S. 760, 107th Cong. (2026), https://openamerica.io/bill/107-S-760/.
[S. 760: Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2001](https://openamerica.io/bill/107-S-760/)