US SB271 | 2009-2010 | 111th Congress

Status

Sponsorship: Moderate Partisan Bill (Democrat 10-2)
Status: Introduced on January 15 2009 - 25% progression, died in chamber
Action: 2009-01-15 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

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

Tracking Information

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Title

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

Sponsors


History

DateChamberAction
2009-01-15 Read twice and referred to the Committee on Finance.

Same As/Similar To

SB320 (Related) 2009-01-26 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


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