Obama’s signature on Stimulus Bill earns praise
Click above for an interactive timeline As we noted over the weekend, the Stimulus Bill that moved through Congress contains a lot of help for plug-in vehicles. As you might expect, the advocacy group Plug In America is quite pleased that President Obama signed the bill today (see full statement after the jump). While there is PHEV love in the bill – including $2 billion for advanced battery technologies – hard-hit PHEV-hopeful cities like Flint, Michigan don’t necessarily see a lot of help now that the Chevy Volt’s future in the city is uncertain. In fact, aside from a tax credit worth up $2,500 to for pure electric low-speed vehicles, cleaner vehicles (i.e., hybrids) available on the lot today don’t get a lot of help. HybridCars says that plug-in hybrid conversions can qualify for a tax credit of up to 10 percent of the cost of the conversion, if it’s done by an authorized firm before the end of 2011. The bill also allows people who earn less than $125,000 individually, or $250,000 jointly, to deduct the sales tax on a new car. Quite a bit there, but is it enough? What’s your take? [Source: WaPo , Plug In America , HybridCars ] Continue reading Obama’s signature on Stimulus Bill earns praise Auto Blog: Legislation and Policy , USA Obama’s signature on Stimulus Bill earns praise originally appeared on AutoblogGreen on Tue, 17 Feb 2009 20:15:00 EST. Please see our terms for use of feeds . Car Blog Green | Car Blog Green | Car Blog Green | Car Blog Green

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Obama’s signature on Stimulus Bill earns praise

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