H.R.3301: To amend the Internal Revenue Code of 1986 to allow an investment tax credit for the purchase of trucks with new diesel engine technologies, and for other purposes.

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about taxation
  • Introduced July 14, 2005
  • Latest Major Action July 14, 2005

Bill Summary

Amends the Internal Revenue Code to allow an investment tax credit for five percent of the cost of a qualified truck. Defines "qualified truck" as a motor vehicle: (1) first placed in service on or after January 1, 2007, and before January 1, 2008; (2) powered by diesel fuel; (3) having a gross vehicle weight of more than 26,000 pounds; and (4) which complies with certain Environmental Protection Agency (EPA) regulations for diesel emissions....

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
July 14, 2005

Introduced in the House by John D. Hayworth (R-Ariz.)

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