I 

112TH CONGRESS 

1ST SESSION H. R. 3374 

To amend the Internal Revenue Code of 1986 to extend and modify the 

credit for new qualified hybrid motor vehicles. 

IN THE HOUSE OF REPRESENTATIVES 

NOVEMBER 4, 2011 

Mr. REICHERT (for himself and Mr. LEVIN) introduced the following bill; 

which was referred to the Committee on Ways and Means 

A BILL 

To amend the Internal Revenue Code of 1986 to extend 

and modify the credit for new qualified hybrid motor vehicles. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Hybrid Truck Incen5 tives Improvement Act’’. 

6 SEC. 2. EXTENSION AND MODIFICATION OF NEW QUALI7 FIED HYBRID MOTOR VEHICLE CREDIT. 

8 (a) EXTENSION.—Paragraph (3) of section 30B(k) of 

9 the Internal Revenue Code of 1986 is amended to read 

10 as follows: 


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1 ‘‘(3) in the case of a new qualified hybrid motor 

2 vehicle (as described in subsection (d)(2)(B))— 

3 ‘‘(A) December 31, 2009, and before Janu4 ary 1, 2011, and 

5 ‘‘(B) December 31, 2015, and’’. 

6 (b) QUALIFIED INCREMENTAL HYBRID COST.— 

7 Clause (iii) of section 30B(d)(2)(B) of such Code is 

8 amended by striking ‘‘does not exceed—’’ and all that fol9 lows and inserting the following: 

10 ‘‘does not exceed— 

11 ‘‘(I) $15,000, if such vehicle has 

12 a gross vehicle weight rating of not 

13 more than 14,000 pounds, 

14 ‘‘(II) $30,000, if such vehicle has 

15 a gross vehicle weight rating of more 

16 than 14,000 pounds but not more 

17 than 26,000 pounds, 

18 ‘‘(III) $60,000, if such vehicle 

19 has a gross vehicle weight rating of 

20 more than 26,000 pounds but not 

21 more than 33,000 pounds, and 

22 ‘‘(IV) $100,000, if such vehicle 

23 has a gross vehicle weight rating more 

24 than 33,000 pounds.’’. 


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1 (c) APPLICABLE PERCENTAGE FOR HEAVY TRUCKS

2 ACHIEVING 20 PERCENT INCREASE IN CITY FUEL ECON3 OMY.—Clause (ii) of section 30B(d)(2)(B) of such Code 

4 is amended by redesignating subclauses (I), (II), and (III) 

5 as subclauses (II), (III), and (IV), respectively, and by in6 serting before subclause (II) (as so redesignated) the fol7 lowing new subclause: 

8 ‘‘(I) 10 percent in the case of a 

9 vehicle to which clause (iii)(IV) ap10 plies if such vehicle achieves an in11 crease in city fuel economy relative to 

12 a comparable vehicle of at least 20 

13 percent but less than 30 percent.’’. 

14 (d) DOLLAR LIMITATION.—Subparagraph (B) of sec15 tion 30B(d)(2) of such Code is amended by adding at the 

16 end the following: 

17 ‘‘(vi) LIMITATION.—The amount al18 lowed as a credit under subsection (a)(3) 

19 with respect to a vehicle by reason of 

20 clause (i) of this subparagraph shall not 

21 exceed $24,000.’’. 

22 (e) HEAVY ELECTRIC VEHICLES.—Paragraph (3) of 

23 section 30B(d) of such Code is amended by redesignating 

24 subparagraphs (B), (C), and (D) as subparagraphs (C), 


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1 (D), and (E), respectively, and by inserting after subpara2 graph (A) the following new subparagraph: 

3 ‘‘(B) HEAVY ELECTRIC VEHICLES.—In the 

4 case of a vehicle with a gross vehicle weight rat5 ing of not less than 8,500 pounds, the term 

6 ‘new qualified hybrid motor vehicle’ includes a 

7 motor vehicle— 

8 ‘‘(i) which draws propulsion energy 

9 exclusively from a rechargeable energy 

10 storage system, and 

11 ‘‘(ii) which meets the requirements of 

12 clauses (iii), (v), (vi), and (vii) of subpara13 graph (A).’’. 

14 (f) EFFECTIVE DATE.—The amendments made by 

15 this section shall apply to vehicles acquired after the date 

16 of the enactment of this Act. 

Æ 


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