S. 1408 (111th): New Alternative Transportation to Give Americans Solutions

Introduced:
Jul 08, 2009 (111th Congress, 2009–2010)
Sponsor:
Sen. Robert “Bob” Menéndez [D-NJ]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

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Status

This bill was introduced on July 8, 2009, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 08, 2009
Referred to Committee Jul 08, 2009
Cosponsors
7 cosponsors (4R, 3D) (show)
Committees

Senate Finance

The committee chair determines whether a bill will move past the committee stage.

Full Title

A bill to amend the Internal Revenue Code of 1986 to encourage alternative energy investments and job creation.

Summary

No summaries available.

Text

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Last updated Jul 08, 2009.
28 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

7/8/2009--Introduced.
New Alternative Transportation to Give Americans Solutions - Amends the Internal Revenue Code to allow:
(1) an excise tax credit through 2019 for alternative fuels and fuel mixtures involving compressed or liquefied natural gas;
(2) an modified income tax credit through 2019 for alternative fuel motor vehicles powered by compressed or liquefied natural gas;
(3) an offset against the alternative minimum tax (AMT) for tax credits for alternative fuel motor vehicles and refueling property and provide for the transferability of such credits;
(4) a tax credit through 2019 for investment in natural gas vehicle project bonds;
(5) expensing of property used to manufacture vehicles fueled by compressed or liquefied natural gas; and
(6) a tax credit through 2019 for alternative fuel vehicle refueling property relating to compressed or liquefied natural gas.
Requires federal agencies to purchase dedicated alternative fuel vehicles for their fleets unless such agencies can show that alternative fuel is unavailable or purchasing such vehicles would be impractical.
Authorizes the Secretary of Energy to make grants to manufacturers of light and heavy duty natural gas vehicles for the development of engines that reduce emissions, improve performance and efficiency, and lower cost.
Expresses the sense of the Senate that the Environmental Protection Agency (EPA) should streamline the certification process for natural gas vehicle retrofit kits.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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