Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009
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Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009 - Amends the Internal Revenue Code to: (1) allow an election to expense the cost of manufacturing property for producing plug-in electric drive motor vehicles and components; (2) increase the number of such vehicles eligible for a tax credit; (3) allow a five-year recovery period for the depreciation of smart meters and smart grid systems; and (4) increase the rate of the tax credit for alternative fuel vehicle refueling property and the maximum credit amount for commercial refueling property.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 271: Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-271/
"S. 271: Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-271/.
S. 271, 111th Cong. (2026), https://openamerica.io/bill/111-S-271/.
[S. 271: Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009](https://openamerica.io/bill/111-S-271/)