To amend the Internal Revenue Code of 1986 to increase and extend the alternative motor vehicle credit for certain flexible fuel hybrid vehicles.

Summary

Amends the Internal Revenue Code to qualify new flexible fuel hybrid motor vehicles for the alternative motor vehicle tax credit through December 31, 2016, subject to a phaseout for vehicles sold after 2011. Defines "new flexible fuel hybrid motor vehicle" as a qualified hybrid motor vehicle which is capable of operating on an alternative fuel, on gasoline, and on any blend thereof, and which is certified by the Administrator of the Environmental Protection Agency to have achieved a certain level of city fuel economy using E-85 ethanol fuel.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 June 2007

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• Introduced in House (PDF)

  Introduced in House · EN · 5 June 2007

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• Introduced in House

  summary · EN · 5 June 2007

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