Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program
Green Car Congress
FEBRUARY 13, 2009
The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. The Senate version made substantial changes, expanding the type of vehicles qualifying for a credit, adding a credit for PHEV conversions, and doubling the 250,000 vehicle limitation to 500,000. Plug-in conversions made after 31 December 2011 are not eligible.