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S. 271 · 111th Congress

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

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

11 cosponsors · 9 D, 2 R

5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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…

What it does: CRS summary · Introduced in Senate · Jan 15, 2009

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 the rate of the tax credit for alternative fuel vehicle refueling property and the maximum credit amount for commercial refueling property.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009

Latest action (Jan 15, 2009): Read twice and referred to the Committee on Finance.

Policy area: Taxation · Origin: Senate · Introduced: Jan 15, 2009

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.