Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009

Summary

Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009 - Amends the Internal Revenue Code to: (1) allow an election to expense the cost of manufacturing property for producing plug-in electric drive motor vehicles and components; (2) increase the number of such vehicles eligible for a tax credit; (3) allow a five-year recovery period for the depreciation of smart meters and smart grid systems; and (4) increase the rate of the tax credit for alternative fuel vehicle refueling property and the maximum credit amount for commercial refueling property.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 15 January 2009

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 15 January 2009

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• Introduced in Senate

  summary · EN · 15 January 2009

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