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- H.R.2665
H.R.2665: 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 109th Congress
- This bill is primarily about taxation
- Introduced May 26, 2005
- Latest Major Action July 29, 2005
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to: (1) allow a tax credit for 25 percent of the cost of certain automobiles, trucks, or vans with fuel efficiency ratings of not less than 40 miles per gallon (35 percent for ratings of not less than 50 miles per gallon); (2) allow a business tax credit for the manufacture or production in the United States of qualified fuel-efficient automobiles for first retail sale; (3) make permanent the tax credit for...
(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 Energy and Air Quality, for a period to be subsequently determined by the Chairman.
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Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
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| May 26, 2005 |
Introduced in the House by Eliot L. Engel (D-N.Y.) |