ALTERNATIVE FUEL VEHICLE TAX INCENTIVES AND THE CLEAR ACT

Alternative fuels (non-petroleum fuels such as natural gas and electricity) and advanced technology vehicles face significant market barriers, such as high vehicle purchase price and low availability of refueling infrastructure. In current law, there are tax incentives to encourage the purchase of these vehicles and to build new infrastructure to support them. In the 108th Congress, the Clean Efficient Automobiles Resulting from Advanced Car Technologies Act (CLEAR ACT, H.R. 1054 and S. 505) would have extended and expanded current incentives, and established new incentives. Some CLEAR ACT provisions were inserted into H.R. 6, the comprehensive energy bill.

• Record URL:
  • http://research.policyarchive.org/3630.pdf
• 
• Corporate Authors:

  Congressional Research Service

  Library of Congress, 101 Independence Avenue, SE
  Resources, Science and Industry Division
  Washington, DC  United States  20540-7500
• Authors:
  • Yacobucci, B D
• Publication Date: 2004-12-17

Language

• English

Media Info

• Features: Tables;
• Pagination: 6 p.

Subject/Index Terms

• TRT Terms: Air quality; Alternate fuels; Electric vehicles; Environmental protection; Hybrid vehicles; Incentives; Infrastructure; Legislation; Markets; Motor vehicles; Natural gas; Prices; Refueling; Service stations; Solar powered vehicles; Taxes; Technological innovations
• Identifier Terms: CLEAR ACT
• Subject Areas: Energy; Environment; Finance; Highways; Law;

Filing Info

• Accession Number: 00988840
• Record Type: Publication
• Files: TRIS
• Created Date: Apr 19 2005 12:00AM