3.0.0 2665 2019-11-15T21:48:40Z 2019-11-15T21:48:40Z House H HR 2005-05-26 109 hsba00 Financial Services Committee House Standing hsba19 Domestic Monetary Policy and Technology Subcommittee Referred to 2005-07-29T16:18:36Z Referred to 2005-05-26T14:00:15Z hsif00 Energy and Commerce Committee House Standing hsif03 Energy, Climate and Grid Security Subcommittee Referred to 2005-06-03T20:07:19Z Referred to 2005-05-26T14:00:20Z hswm00 Ways and Means Committee House Standing Referred to 2005-05-26T14:00:10Z 2005-07-29 hsba19 Domestic Monetary Policy and Technology Subcommittee 1 House committee actions Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. Committee 2005-06-03 hsif03 Energy, Climate and Grid Security Subcommittee 1 House committee actions Referred to the Subcommittee on Energy and Air Quality, for a period to be subsequently determined by the Chairman. Committee 2005-05-26 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2005-05-26 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2005-05-26 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2005-05-26 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-05-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-05-26 Introduced in House IntroReferral 1000 9 Library of Congress E000179 Rep. Engel, Eliot L. [D-NY-17] ELIOT ENGEL D NY L. 17 N F000262 Rep. Ford, Harold E., Jr. [D-TN-9] HAROLD FORD D TN E. 9 2006-09-06 False Taxation Automobile engines Automobile industry Automobiles Civil actions and liability Collection of accounts Commerce Economics and Public Finance Energy Energy efficiency Environmental Protection Federally-guaranteed loans Finance and Financial Sector Fuel consumption Income tax Injunctions Law Loan defaults Motor vehicle pollution control Research and development tax credit Science, Technology, Communications Tax credits Transportation and Public Works Trucks Taxation 00 2005-05-26 Introduced in House 2005-06-15T14:50:01Z Amends the Internal Revenue Code to: (1) allow a tax credit for 25 percent of the cost of certain automobiles, trucks, or vans with fuel efficiency ratings of not less than 40 miles per gallon (35 percent for ratings of not less than 50 miles per gallon); (2) allow a business tax credit for the manufacture or production in the United States of qualified fuel-efficient automobiles for first retail sale; (3) make permanent the tax credit for increasing research activities; and (4) increase the rates of the alternative incremental tax credit for research activities.

Authorizes the Secretary of Energy to provide loan guarantees up to $100 million per loan (up to $1 billion aggregate) to automobile manufacturers for the cost of converting to automobiles with a fuel efficiency rating of more than 40 miles per gallon.

Prohibits the Administrator of the Environmental Protection Agency (EPA) from considering any automobile allowed a fuel-efficiency tax credit under this Act in calculating the average fuel economy of a manufacturer.

]]> To encourage the availability and use of motor vehicles that have improved fuel efficiency, in order to reduce the need to import oil into the United States. Display Title To encourage the availability and use of motor vehicles that have improved fuel efficiency, in order to reduce the need to import oil into the United States. Official Title as Introduced To encourage the availability and use of motor vehicles that have improved fuel efficiency, in order to reduce the need to import oil into the United States. Introduced in House 2005-05-26T04:00:00Z 2005-07-29 Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.