Summary: H.R.4538 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for H.R.4538. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/10/1998)

Energy Efficient Technology Tax Act - Establishes: (1) an energy credit based on the energy efficiency of energy properties and passenger vehicles; (2) a reforestation credit; and (3) a credit for certain nonbusiness energy property. Defines terms.

Increases the exclusion allowed from gross income as a "qualified transportation fringe" benefit.

Extends, by five years, the placed in service date of a qualified energy resources facility.