bills - 1. TITLE: The Fuel Efficient Vehicle Bill of 2010...

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1. TITLE: The Fuel Efficient Vehicle Bill of 2010 2. AUTHOR: Lauren Taranow, Peace of Mind Party, Golden West 3. SPONSORS: _____________________________________________ _____________________________________________ _____________________________________________ 4. DECLARATION A bill to create an income tax credit for fuel efficient OF POLICY: vehicles. 5. RATIONALE: Currently there is an Income Tax credit in place for buyers of new hybrid vehicles. However, hybrids are not the only recreational vehicles with high fuel economy. For example, the Toyota Yaris is more efficient both on the highway and the city than the Honda Accord Hybrid. Therefore a tax credit should also be provided for buyers of cars whose fuel economy is greater than the current Corporate Average Fuel Economy (CAFE) standard. Currently, people who own hybrids receive a credit of $130 per additional mile per gallon on the highway, however because of their lower performance in the city, non-hybrids should have a smaller credit per
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bills - 1. TITLE: The Fuel Efficient Vehicle Bill of 2010...

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