S. 971 · 109th Congress
CLEAR bill
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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HatchSponsor9 cosponsors · 3 D, 5 R, 1 I
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Collins
LC
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Chafee
JE
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Ensign
JJ
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Jeffords
JL
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Lieberman
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Rockefeller
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Snowe
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Smith
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Dorgan8 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in Senate · Apr 28, 2005
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 limitation and base the credit amount on criteria relating to vehicle weight, mileage, and payload. Makes leased vehicles eligible for such credit. Extends such credit through 2010.
Allows a tax credit for: (1) 50 percent of expenditures for the installation of qualified clean-fuel vehicle refueling property; and (2) retail sales of alternative fuels as motor vehicle fuels.
Directs the Comptroller General to undertake an ongoing analysis of: the effectiveness of the alternative motor vehicle and fuel incentives provided by this Act and to report to Congress on such study by December 31, 2006, and annually thereafter.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2005
Latest action (Apr 28, 2005): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Apr 28, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
No recorded floor vote found.