Hybrid Car Tax Break [Passed]

[Verily]

Nay
Aye
Nay

I have to agree with Ebowed on the problem with tax credits. They overly complicate the tax code.

[minionofmidas]

Aye
Abstain
Aye

[Small Business Owner of Any Repute]

I'm not sure I understand the opposition to amendment number three.

The point of it is to ensure consistency when the thirty-six months come to a close—people who purchase a hybrid should still need to hold the car for the full twelve (or six, depending on the fate of that amendment) months to qualify.

With regard to amendment number 1, a question to the opposition—If this is not to be a tax break, then how do people actually get the cash?  You can't dole out the cash at the time of purchase, of course, because of the must-hold-the-car-six-months requirement.

Honestly, I have no problem if Amendment 1 fails, I just think the bill needs to do a better job at explaining how people actually get this money.  Because it is a lot of money.

(And if Amendment 1 fails, do keep in mind that since the $6k isn't defined as a tax credit, then the beneficiaries of that money will almost certainly need to pay taxes on it.)

[Ebowed]

I'll change to Aye on Amdts. #2 and 3.  Still Nay on #1.

[Brandon H]

Aye
Aye
Aye

[Verily]

I switch my vote on the third amendment to Aye.

[Јas]

Tally on Moderate Amendment #1
Aye: 4 (Sam; Moderate; Lewis; Brandon)
Nay: 4 (Earl; Ebowed; Rob; Verily)
Abstain: 0
Yet to Vote: 2 (afleitch; Al)

Vote is ongoing.


Result on Moderate Amendment #2
Aye: 5 (Sam; Moderate; Verily; Ebowed; Brandon)
Nay: 2 (Earl; Rob)
Abstain [Voted]: 1 (Lewis)
Abstain [Didn't Vote]: 2 (afleitch; Al)

With 5 Ayes and 1 declared abstention, this amendment passes.


Result on Moderate Amendment #3
Aye: 6 (Sam; Moderate; Lewis; Ebowed; Brandon; Verily)
Nay: 2 (Earl; Rob)
Abstain: 0
Yet to Vote: 2 (afleitch; Al)

With 6 Ayes, this amendment passes.

[afleitch]

Tally on Moderate Amendment #1

Abstain

[Sam Spade]

On Amendment 1, with 4 votes in favor, 4 against, 1 abstention and 1 not voting, the VP gets to do his duty.

[Јas]

On Amendment 1, with 4 votes in favor, 4 against, 1 abstention and 1 not voting, the VP gets to do his duty.

Aye

I agree with the last statement of Sen. Moderate on this matter.

[Sam Spade]

If there are no more amendments soon, I'm going to bring this legislation to final vote.

[Sam Spade]

Since 24 hours have passed without debate, I will motion that the Senate bring this legislation to a final vote.

We are now voting on the following legislation:

Fuel Efficiency and Automobile Reimbursement Bill

1. Persons who purchase a hybrid fuel automobile will be eligible for a partial reimbursement to subsidize the cost of purchase.
a.) No automobile that runs solely on gasoline may be eligible for the partial reimbursement.
2. The government will provide a one time federal income tax credit of 25% of the pre-tax price paid for the automobile, up to $6,000.
3. To apply for this reimbursement, the person must own the automobile for a period of at least twelve months.
4. Households earning more than $90,000 annually will not be eligible for the partial reimbursement.
5. Previously existing tax incentives relating to the direct purchase of hybrid automobiles are abolished.
6. Sections 1, 2 and 4 of this act shall expire thirty-six months after this act becomes law.

Please vote Aye, Nay or Abstain.


Nay.

[Small Business Owner of Any Repute]

Aye.

[Verily]

Aye. I am glad that we finally have the opportunity to standardize hybrid car benefits.

[Small Business Owner of Any Repute]

Aye. I am glad that we finally have the opportunity to standardize hybrid car benefits.

Amen to that.  I'm most pleased about the consolidation aspect to the bill.

[Ebowed]

Aye

[afleitch]

Aye

[minionofmidas]

Aye

[Hatman 🍁]

aye

[Sam Spade]

This legislation has enough votes to pass.  Senators shall have 24 hours to change their votes.

[Јas]

Result on Final Vote
Aye: 6 (Moderate; Verily; Ebowed; afleitch; Lewis; Earl)
Nay: 1 (Sam)
Abstain [Didn't Vote]: 2 (Brandon; Rob)
Vacant: 1 (Mideast)

The bill has passed the Senate and is presented to the President for his consideration.

[Sam Spade]

bump for Prez

[Colin]

X Colin Wixted