A bill to amend the Internal Revenue Code of 1986 to modify and extend the credit for alternative motor vehicles, and for other purposes.
Read twice and referred to the Committee on Finance.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jan 12, 2009
Amends the Internal Revenue Code to: (1) extend through 2012 the alternative motor vehicles tax credit for advanced lean burn technology, hybrid, and new alternative fuel motor vehicles; (2) increase the amounts of such credit; (3) repeal limitations on the number of hybrid and advanced lean-burn technology vehicles eligible for such credit; and (4) deny such credit to a taxpayer whose adjusted gross income exceeds $100,000 ($200,000 in the case of married couples filing jointly).
Source last updated: Jan 14, 2025. Consult Congress.gov for the current record.
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