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- S.971
S.971: Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced April 28, 2005
- Latest Major Action April 28, 2005
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
9 (3 Democrats, 1 Independent, 6 Republicans)
Bill Summary
Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2005 - Amends the Internal Revenue Code to allow a tax credit for investment in alternative motor vehicles, including qualified fuel cell, hybrid, and alternative fuel vehicles. Bases the amount of such credit on criteria relating to vehicle weight and fuel efficiency. Modifies the tax credit for qualified electric vehicles to remove the ten percent...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| April 28, 2005 |
Introduced in the Senate by Orrin G. Hatch (R-Utah) |