[ausev] Senate Bill S271

[Gary Ellis]

John,

This was a temporary file from your search and doesn't exist any more.  What
sources & terms did you use to search for to find it?
Thanks,

Gary


On Thu, Feb 19, 2009 at 10:40 AM, John Allen <johntallen55 at gmail.com> wrote:

>  If anyone would like to read the entire bill:
> http://thomas.loc.gov/cgi-bin/query/D?c111:8:./temp/~c11159hm2N<http://thomas.loc.gov/cgi-bin/query/D?c111:8:./temp/%7Ec11159hm2N>::
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> *From:* ausev-bounces at austinev.org [mailto:ausev-bounces at austinev.org] *On
> Behalf Of *Gary Ellis
> *Sent:* Thursday, February 19, 2009 9:22 AM
> *To:* AustinEV News Announcements and General Discussion
> *Subject:* [ausev] Senate Bill S271
>
>
>
> 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.
> Thanks,
>
> Gary
> ReinCarNation
> RCN Motors, LLC
> gary at rcnmotors.com
> http://www.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 $4,000.
>
> http://www.matternetwork.com/2009/1/freedom-act-offer-plug-vehicle.cfm
> Plug-in conversion kits would now also qualify for up to a $4000 tax
> credit.
>
> 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 construction.
>
> Quotes:
> http://www.marketwire.com/press-release/Zap-945459.html
> 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."
>
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