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- H.R.1356
H.R.1356: To encourage the availability and use of motor vehicles that have improved fuel efficiency, in order to reduce the need to import oil into the United States.
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced March 19, 2003
- Latest Major Action April 10, 2003
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to allow a taxpayer as credits against income tax: (1) a fuel efficiency vehicle credit equal to 25 percent of the cost of any qualified fuel-efficient vehicle placed in service during the taxable year; and (2) a fuel-efficient vehicle assembly credit equal to $2,000 for every qualified fuel-efficient vehicle manufactured or produced in the United States during such year for first retail sale. Authorizes the...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Energy and Commerce, 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.
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Referred to House Ways and Means
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Referred to House Financial Services
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Referred to House Energy and Commerce
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Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology, for a period to be subsequently determined by the Chairman.
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Referred to the Subcommittee on Energy and Air Quality, for a period to be subsequently determined by the Chairman.
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| March 19, 2003 |
Introduced in the House by Eliot L. Engel (D-N.Y.) |