Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2003

The Clean Efficient Automobiles Resulting From Advanced Car Technologies (CLEAR ACT) Act of 2003 proposes a series of federal tax credits to encourage the purchase and use of environmentally friendly vehicles. If passed, the bill would provide financial incentives for consumers and businesses that buy fuel cell, hybrid, electric, or alternative fuel vehicles, such as those powered by compressed natural gas or hydrogen. Additionally, the legislation aims to expand the nation's fueling infrastructure by offering tax credits for the installation of alternative fueling stations and the retail sale of alternative motor fuels.