[ausev] Senate Bill S271
tunafish at io.com
tunafish at io.com
Thu Feb 19 18:31:14 GMT 2009
Thank you! Does anyone have any idea the ratio of new / "conversion"
EVs on the road right now?
Gary Ellis wrote:
> Anyone following the tax credit news and progress for EVs? Looks like
> the first version was only for new electric vehicles from qualified
> manufacturers, but now S271 seems to include "kits" which I'm sure is
> meant for the Prius plug-in modules, but may include conversions. I'm
> going to meet with a lobbyist today to talk about some of this stuff,
> but let me know if you have further insight.
> RCN Motors, LLC
> gary at rcnmotors.com
> Senate Bailout Bill, Oct. 2008
> - Adds up to $7500 tax credit for new electric cars.
> FREEDOM Act of 2009, bill S271
> - Doubles the number of electric cars allowed (now 500,000) and
> expands beyond conventional four-wheel automobiles to include
> three-wheel and two-wheel vehicles, as well as low-speed neighborhood
> electric cars. Electric vehicles like ZAP's Alias and others would
> receive a tax credit equal to a percentage of the purchase price up to
> Plug-in conversion kits would now also qualify for up to a $4000 tax
> As the bill presently reads, 'qualified' manufacturing facilities that
> turn out either completed plug-in vehicles and/or components for those
> vehicles are 100 percent deductible if placed into service before
> January 1,2012. Similar facilities placed in service after this date,
> buy prior to January 1, 2014 are eligible to claim 50% of the cost of
> Starr added: "There are many smaller automakers that are making
> plug-in transportation today and these tax incentives would allow
> Americans to jump-start the adoption of electrics immediately. The
> Small Business Administration says up to 80 percent of new jobs in
> America are created by small business and 90 percent of all innovation
> is created by entrepreneurs. It is critical that Congress supports
> more automotive innovation in the US and we ask Americans to urge
> their Federal representative to move quickly to pass this legislation
> and make it go into effect immediately."
> AusEV mailing list
> AusEV at austinev.org
-------------- next part --------------
An HTML attachment was scrubbed...
More information about the AusEV