[Congressional Record Volume 153, Number 128 (Saturday, August 4, 2007)]
[House]
[Page H9713]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HUMMER FOR HYBRID
(Mr. BLUMENAUER asked and was given permission to address the House
for 1 minute.)
Mr. BLUMENAUER. Mr. Speaker, for years I've been fighting to
eliminate a perverse provision in the tax code that actually provided
an incentive, a tax break for purchasing the largest, most expensive
gas guzzlers, luxury cars weighing over 6,000 pounds. This perverse
incentive, hence, the nickname, the ``Hummer Loophole,'' has resisted
action for change and has retained its position.
This year, we have, in fact, taken action, not just to close the
Hummer Loophole, but to extend benefits to lighter, more fuel-efficient
cars and vans for business, while we use some of the savings to create
a tax benefit for plug-in hybrids.
Trading Hummers for hybrids. Another important reason to vote for the
renewable energy and conservation tax package coming forward today to
help us meet the most serious environmental, economic and national
security challenges, help us fight global warming, and promote energy
efficiency.
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