S. 1617 (110th): Fuel Reduction using Electrons to End Dependence On the Mid-East (FREEDOM) Act of 2007

Introduced:
Jun 14, 2007 (110th Congress, 2007–2009)
Status:
Died (Referred to Committee)
Sponsor
Orrin Hatch
Senator from Utah
Party
Republican
Text
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Last Updated
Jun 14, 2007
Length
26 pages
 
Status

This bill was introduced on June 14, 2007, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 14, 2007
Referred to Committee Jun 14, 2007
 
Full Title

A bill to amend the Internal Revenue Code of 1986 to provide incentives for plug-in electric drive motor vehicles.

Summary

No summaries available.

Cosponsors
5 cosponsors (5D) (show)
Committees

Senate Finance

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

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


6/14/2007--Introduced.
Fuel Reduction using Electrons to End Dependence On the Mid-East (FREEDOM) Act of 2007 - Amends the Internal Revenue Code to allow tax credits for:
(1) the purchase of a new qualified plug-in electric drive motor vehicle;
(2) the conversion of a motor vehicle to a plug-in electric drive vehicle; and
(3) rebates paid by electric utilities to purchasers of or converters to plug-in electric drive vehicles.
Defines "new qualified plug-in electric drive motor vehicle" as a motor vehicle which:
(1) is powered by traction batteries with an aggregate capacity of not less than 2.5 kilowatt hours;
(2) uses an offboard source of electricity to recharge batteries; and
(3) has a certificate of conformity under the Clean Air Act.
Allows a taxpayer election to expense 100% of the cost of facilities for manufacturing plug-in electric drive motor vehicles (and vehicle components) placed in service before January 1, 2013. Reduces such percentage to 50% for facilities placed in service after 2012, and before January 1, 2015.

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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