HR 3820
110th Congress
House
Taxation
Commerce
Income tax
Motor buses
Motor vehicle safety
Tax credits
Transportation and Public Works
Trucking
Trucks
Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2007
Introduced: October 10, 2007
Introduced by:
Thompson, Mike
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 10, 2007
Referred to the House Committee on Ways and Means.
Oct 10, 2007
Introduced in House
Plain-English summary
Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2007 - Amends the Internal Revenue Code to allow a general business tax credit for 50% of the cost of placing in service any qualified commercial vehicle advanced safety system. Defines "qualified commercial vehicle advanced safety system" as a manufacturer-certified brake stroke monitoring system, lane departure warning system, collision warning system, or vehicle stability system identified by the Federal Motor Carrier Safety Administration or the National Highway Traffic Safety Administration as significantly enhancing the safety or security of commercial drivers, vehicles, or passengers. Terminates such credit after 2012.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1