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| | The CLEAR Act: Tax Incentives for Advanced Vehicles |
 | | In the House, Representative Camp introduced the companion bill, H.R. Unfortunately, the House Ways and Means Committee dramatically weakened the bill by removing the hybrid tax credit and replacing it with a credit for diesel vehicles, which are 3–10 times dirtier than the hybrids and other technologies targeted in the original bill. |
 | | In May 2002, an IRS press release declared gasoline/electric hybrids eligible for tax deductions as "clean fuel" vehicles under the Energy Policy Act of 1992 (PL 103-486). |
 | | If the CLEAR Act passes this year, there will be generous, performance-based tax deductions available for the purchase of a wide range of hybrids, battery electric vehicles, fuel cells, and alternative-fuel buses and trucks through 2010. |
| www.ucsusa.org /clean_vehicles/cars_pickups_suvs/the-clear-act-tax-incentives-for-advanced-vehicles.html (972 words) |
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