Skip to main content
S 971 109th Congress Senate Taxation Alcohol as fuel Alternative energy sources Automobile engines Automobiles Commerce Compressed natural gas Electric vehicles Energy Environmental Protection Fuel cells Fuel consumption Hydrogen Income tax Liquefied natural gas Liquefied petroleum gas Motor vehicle pollution control Motor vehicle safety Motor vehicles Natural gas vehicles

Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2005

Introduced: April 28, 2005 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 28, 2005
Read twice and referred to the Committee on Finance.
Apr 28, 2005
Sponsor introductory remarks on measure. (CR S4585-4586)
Apr 28, 2005
Introduced in Senate
 Plain-English summary Congressional Research Service

Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2005 - Amends the Internal Revenue Code to allow a tax credit for investment in alternative motor vehicles, including qualified fuel cell, hybrid, and alternative fuel vehicles. Bases the amount of such credit on criteria relating to vehicle weight and fuel efficiency.

Modifies the tax credit for qualified electric vehicles to remove the ten percent limitation and base the credit amount on criteria relating to vehicle weight, mileage, and payload. Makes leased vehicles eligible for such credit. Extends such credit through 2010.

Allows a tax credit for: (1) 50 percent of expenditures for the installation of qualified clean-fuel vehicle refueling property; and (2) retail sales of alternative fuels as motor vehicle fuels.

Directs the Comptroller General to undertake an ongoing analysis of: the effectiveness of the alternative motor vehicle and fuel incentives provided by this Act and to report to Congress on such study by December 31, 2006, and annually thereafter.

What's happening now April 28, 2005

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1