S.271: Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 15, 2009
  • Latest Major Action Jan. 15, 2009

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Jan. 15, 2009

Introduced in the Senate by Maria Cantwell (D-Wash.)

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