S. 1921 · 112th Congress
Reducing Energy Use Through Retrofitting Older Vehicles Act
- Stage
- In committee
- Sponsor
- Scott Brown
- Introduced
- 2011-11-29
- Latest action
- 2011-11-29 · Introduced in Senate
Summary
Reducing Energy Use Through Retrofitting Older Vehicles Act or the RETRO Act - Amends the Internal Revenue Code to allow a tax credit for the cost of converting a motor vehicle into a hybrid motor vehicle, based on gross vehicle weight. Limits the number of converted motor vehicles eligible for such credit. Terminates such credit five years after the enactment of this Act.