HR 1618
110th Congress
House
Taxation
Alternative energy sources
Automobiles
Commerce
Electric batteries
Electric vehicles
Energy
Energy storage
Environmental Protection
Income tax
Motor vehicle pollution control
Tax credits
Transportation and Public Works
Trucks
To amend the Internal Revenue Code of 1986 to provide a credit for the purchase of plug-in hybrid vehicles.
Introduced: March 21, 2007
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 21, 2007
Referred to the House Committee on Ways and Means.
Mar 21, 2007
Sponsor introductory remarks on measure. (CR E604)
Mar 21, 2007
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow a tax credit for 10% of the cost of a qualified plug-in hybrid vehicle. Limits the amount of such credit to $4,000 for vehicles with a 4kWh traction battery, and $250 for each additional kWh of traction battery capacity as exceeds 4kWh but does not exceed 50kWh.
Defines "qualified plug-in hybrid vehicle" as a passenger motor vehicle which has received a certificate of conformity under the Clean Air Act and which has not less than two onboard sources of stored energy, one of which is energized by plugging into an external source of electric power.
Terminates such credit after 2014.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1