A bill to amend the Internal Revenue Code of 1986 to provide for alternative motor vehicle facility bonds.

Fact Sheet API

Bill Number

S 1987

Introduced

Aug 3, 2007

Latest Action

Read twice and referred to the Committee on Finance.

Sponsor

Cosponsors

Topics

Alternative energy sources Automobile industry Bonds Commerce Electric vehicles Energy Finance and Financial Sector Income tax Industrial buildings Tax exemption Taxation Transportation and Public Works

Full Text

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Votes

Summary

Amends the Internal Revenue Code to allow the issuance of tax-exempt facility bonds through 2012 to make automobile development and production facilities built before 1981 compatible for the development and production of qualified alternative motor vehicles and component parts.

Actions

Aug 3, 2007

Read twice and referred to the Committee on Finance.
Aug 3, 2007

Introduced in Senate

Amendments

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