Political Quotes

Pete Sessions: in the Finance Committee energy tax amendment that has now been included in the energy bill, the consumer tax credit…

On the recordApril 24, 2002
in the Finance Committee energy tax amendment that has now been included in the energy bill, the consumer tax credit available for the purchase of a new qualified light duty hybrid motor vehicle generally ranges from $250 to $3,500 depending upon the weight of the vehicle and the ``maximum available power'' from the vehicle's battery system. I note that in the proposed Sec. 30B(c)(2)(D)(iii)(I) the term ``maximum available power'' for a passenger automobile or light truck hybrid is defined as follows: For purposes of subparagraph (A)(i), the term ``maximum available power'' means the maximum power available from the rechargeable energy storage system, during a standard 10 second pulse power or equivalent test, divided by such maximum power and the SAE net power of the heat engine. Because this language originated in his bill, S. 760, I would like to engage the senior senator from Utah in a brief colloquy to make sure we have a common understanding of this definition. I note that the definition allows the use of either a ``standard 10 second pulse power test'' or an equivalent test.
Said by
Pete Sessions
Republican · Texas

Editor's note · Context

Discussing the consumer tax credit for hybrid vehicles in the energy bill.

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