US SB1233 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 20 2011 - 25% progression, died in committee
Action: 2011-06-20 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2011 - Amends the Internal Revenue Code to allow a general business tax credit for 50% of the cost of placing in service any qualified commercial vehicle advanced safety system. Defines "qualified commercial vehicle advanced safety system" as a manufacturer-certified brake stroke monitoring system, lane departure warning system, collision warning system, or vehicle stability system identified by the Federal Motor Carrier Safety Administration or the National Highway Traffic Safety Administration as significantly enhancing the safety or security of commercial drivers, vehicles, or passengers. Terminates such credit after 2016.

Tracking Information

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Title

Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2011

Sponsors


History

DateChamberAction
2011-06-20SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB1706 (Same As) 2011-05-04 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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