Idling Reduction Tax Credit Act of 2007

Summary

Idling Reduction Tax Credit Act of 2007 - Amends the Internal Revenue Code to allow a business tax credit for 25% of the cost of a qualifying idling reduction device, up to $1,000. Defines "qualifying idling reduction device" as any device that is: (1) installed on a heavy-duty diesel-powered on-highway vehicle to provide services that would otherwise require the operation of the main drive engine while the vehicle is temporarily parked or stationary; and (2) certified by the Secretary of Energy to reduce long-duration idling. Directs the Secretary to publish standards for certifying such devices.

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Timeline

1. 15 March 2007

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 15 March 2007

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 15 March 2007 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 15 March 2007

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 15 March 2007

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 15 March 2007

  Open at official source

Sponsors

• Sen. Lincoln, Blanche L. [D-AR] · D · Sponsor
• Rep. Bunning, Jim [R-KY-4] · R · Sponsor
• Sen. Bingaman, Jeff [D-NM] · D · Sponsor
• Sen. Salazar, Ken [D-CO] · D · Sponsor
• Sen. Tester, Jon [D-MT] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Idling Reduction Tax Credit Act of 2007