HR 1875

112th CONGRESS
1st Session

H. R. 1875

To lower gas prices by making investments in cleaner vehicle technologies and infrastructure.

IN THE HOUSE OF REPRESENTATIVES

May 12, 2011

Mr. CICILLINE (for himself, Mr. LARSON of Connecticut, Mr. BISHOP of New York, and Mr. CONNOLLY of Virginia) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, Energy and Commerce, and Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned


A BILL

To lower gas prices by making investments in cleaner vehicle technologies and infrastructure.

SECTION 1. SHORT TITLE.

TITLE I--PUBLIC TRANSPORTATION

TITLE II--DENIAL OF CERTAIN TAX BENEFITS TO MAJOR INTEGRATED OIL COMPANIES AND INVESTMENT IN CLEAN ENERGY AND TRANSPORTATION

TITLE III--ADVANCED AND ELECTRIC VEHICLES

TITLE I--PUBLIC TRANSPORTATION

SEC. 101. SHORT TITLE.

SEC. 102. FINDINGS.

SEC. 103. GRANTS TO IMPROVE PUBLIC TRANSPORTATION SERVICES.

SEC. 104. INCREASED FEDERAL SHARE FOR CLEAN AIR ACT COMPLIANCE.

SEC. 105. TRANSPORTATION FRINGE BENEFITS.

SEC. 106. CAPITAL COST OF CONTRACTING VANPOOL PILOT PROGRAM.

TITLE II--DENIAL OF CERTAIN TAX BENEFITS TO MAJOR INTEGRATED OIL COMPANIES AND INVESTMENT IN CLEAN ENERGY AND TRANSPORTATION

SEC. 201. LIMITATION ON DEDUCTION FOR INTANGIBLE DRILLING AND DEVELOPMENT COSTS OF MAJOR INTEGRATED OIL COMPANIES IN THE CASE OF OIL AND GAS WELLS.

SEC. 202. DEDUCTION FOR INCOME ATTRIBUTABLE TO DOMESTIC PRODUCTION ACTIVITIES NOT ALLOWED WITH RESPECT TO OIL AND GAS ACTIVITIES OF MAJOR INTEGRATED OIL COMPANIES.

SEC. 203. MAJOR INTEGRATED OIL COMPANIES INELIGIBLE FOR LAST-IN, FIRST-OUT METHOD OF INVENTORY.

SEC. 204. CREDIT FOR HEAVY NATURAL GAS AND HYBRID VEHICLES.

`SEC. 30E. HEAVY NATURAL GAS AND HEAVY HYBRID VEHICLE CREDIT.

SEC. 205. ALTERNATIVE FUEL VEHICLE REFUELING PROPERTY.

SEC. 206. CLEAN ENERGY FUND AND DEFICIT REDUCTION.

`SEC. 9512. CLEAN ENERGY FUND.

TITLE III--ADVANCED AND ELECTRIC VEHICLES

SEC. 301. PLUG-IN HYBRID ELECTRIC VEHICLE AND ELECTRIC VEHICLE INFRASTRUCTURE.

SEC. 302. LARGE-SCALE VEHICLE ELECTRIFICATION PROGRAM.

SEC. 303. ADVANCED VEHICLE TECHNOLOGY.

END