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$7500 tax credit for plug-in hybrid passed?

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Old Dec 12, 2008 | 08:58 PM
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Billyk's Avatar
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Default $7500 tax credit for plug-in hybrid passed?

Did we miss this news?

As part of the October 2008 bailout, President Bush signed into law the Transportation and Domestic Fuel Security Provision. This provides a tax credit for buyers of PHEV a minimum of $2500 plus an additional $417 per kwh for hybrid batteries greater than 4 kwh!

Here is a link: http://www.greencarcongress.com/2008...portation.html
 
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