TITLE: Description of the Chairman's Modification to the "Energy Tax Incentives Act of 2002," Scheduled for Markup

CIS-NO: 2002-S362-4  
SOURCE: Committee on Finance. Senate  
DOC-TYPE: Print  
DATE: Feb. 13, 2002  
LENGTH: ii+5 p. Oversized.  
CONG-SESS: 107-2  


SUMMARY:
Description, prepared by Joint Taxation Committee staff, of Chairman's modification to the Energy Tax Incentives Act of 2002, to revise energy tax incentives.
 
Includes provisions to:
   a. Modify and extend tax incentives for the purchase of new qualified fuel cell motor vehicles, alternative fuel motor vehicles, and hybrid motor vehicles.
   b. Provide business energy tax credits for construction of new energy-efficient homes and production of certain energy-efficient washers and refrigerators.
   c. Provide a tax credit for residential fuel cell, solar, and wind energy property used exclusively for purposes other than heating swimming pools and hot tubs.
   d. Create new tax credits for clean coal technology.

CONTENT-NOTATION: Energy tax incentives revision

DESCRIPTORS:  
    ENERGY RESOURCES; TAX INCENTIVES AND SHELTERS; ELECTRIC AND HYBRID VEHICLES; GOVERNMENT AND BUSINESS; CONSTRUCTION INDUSTRY; HOUSEHOLD APPLIANCES AND EQUIPMENT; SOLAR ENERGY; WIND ENERGY; COAL AND COAL MINING; ENERGY CONSERVATION; ENERGY TAX INCENTIVES ACT

LOAD-DATE: June 5, 2003