[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3694 Introduced in House (IH)]






108th CONGRESS
  1st Session
                                H. R. 3694

To amend the Internal Revenue Code of 1986 to extend the deduction for 
          clean-fuel vehicles and certain refueling property.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            December 8, 2003

Mr. Sherman (for himself, Mr. Bartlett of Maryland, Mr. Honda, and Mr. 
    Baird) introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to extend the deduction for 
          clean-fuel vehicles and certain refueling property.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXTENSION OF DEDUCTION FOR CLEAN-FUEL VEHICLES AND CERTAIN 
              REFUELING PROPERTY.

    (a) In General.--Subparagraph (B) of section 179A(b)(1) of the 
Internal Revenue Code of 1986 (relating to qualified clean-fuel vehicle 
property) is amended by striking ``December 31, 2003'' and inserting 
``December 31, 2006''.
    (b) Phaseout.--Clauses (i), (ii), and (iii) of section 
179A(b)(1)(B) of such Code (relating to phaseout) is amended by 
striking ``2004'', ``2005'', and ``2006'', and inserting ``2007'', 
``2008'', and ``2009'', respectively.
    (c) Termination.--Subsection (f) of section 179A of such Code 
(relating to termination) is amended by striking ``December 31, 2006'' 
and inserting ``December 31, 2009''.
    (d) Effective Date.--The amendments made by subsection (a) shall 
apply to property placed in service after December 31, 2003.
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