 H.R.2505
E-85 PUMP Act
To amend the Internal Revenue Code of 1986 to increase and extend the vehicle refueling property credit, and for other purposes.
 5 Total PointsSubjects
Summary
Promoting the Use of Mixed Petroleum Act or the E-85 PUMP Act - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for alternative fuel vehicle refueling property from 30 to 50%; (2) increase the limit on such credit for commercial properties to $50,000; and (3) extend such credit through 2014. Amends the Clayton Antitrust Act to make it an unlawful restriction of trade to prohibit a service station franchisee from installing alternative fuel vehicle refueling property. What do you think?
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Legislation Detail
 Viewed 193 times.
Legislation Slant
Latest Action:
Referred to House committee. Status: Referred to the Committee on Ways and Means
This action occurred on Thursday, May 24, 2007 and earned 5 points.
Legislative Progress
Introduced in the House on May 24, 2007
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