H.R. 4777 · 108th Congress
Fuel Efficiency Fairness Act of 2004
- Stage
- In committee
- Sponsor
- David Wu
- Introduced
- 2004-07-07
- Latest action
- 2004-07-07 · Introduced in House
Summary
Fuel Efficiency Fairness Act of 2004 - Amends the Internal Revenue Code to: (1) repeal the phaseout of the tax credit for qualified electric vehicles; (2) repeal the phaseout of the tax deduction for qualified clean-fuel vehicle property; and (3) exempt new qualified hybrid motor vehicles from the limitations on the depreciation of luxury automobiles.