Alternative Fuel Vehicle Tax Incentives and the CLEAR ACT

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Reviews current Federal tax incentives to encourage purchase of advanced technology environmentally-friendly vehicles, which run on non-petroleum fuels such as natural gas and electricity. Examines...

Reviews current Federal tax incentives to encourage purchase of advanced technology environmentally-friendly vehicles, which run on non-petroleum fuels such as natural gas and electricity. Examines H.R. 1054 and S. 505, both the Clean Efficient Automobiles Resulting from Advanced Car Technologies Act (CLEAR ACT), which would extend, expand, and create new financial incentives.

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