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HR 2505 110th Congress House Taxation Alcohol as fuel Alternative energy sources Commerce Energy Income tax Restrictive trade practices Service stations Tax credits Transportation and Public Works

E-85 PUMP Act

Introduced: May 24, 2007 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 24, 2007
Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 24, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Promoting the Use of Mixed Petroleum Act or the E-85 PUMP Act - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for alternative fuel vehicle refueling property from 30 to 50%; (2) increase the limit on such credit for commercial properties to $50,000; and (3) extend such credit through 2014.

Amends the Clayton Antitrust Act to make it an unlawful restriction of trade to prohibit a service station franchisee from installing alternative fuel vehicle refueling property.

What's happening now May 24, 2007

Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Committees of jurisdiction 2