MI HR0128

Urges Congress and the President to expand the manufacturer's phaseout for the Qualified Plug-In Electric Vehicle (PEV) Tax Credit, which currently phases out after 200,000 qualifying vehicles are sold per manufacturer.

Current tax credit reduces by 50 percent in the first six months after the 200,000 vehicle threshold is reached and by 75 percent in the following six months, reducing demand for low-emission vehicles and potentially causing production cuts and layoffs.

References Senator Stabenow's Driving America Forward Act as model legislation that would add 400,000 vehicles per manufacturer to the phaseout threshold and reduce the one-time tax credit from $7,500 to $7,000.

Directs copies of the resolution to be sent to the President of the U.S. Senate, Speaker of the U.S. House of Representatives, and members of the Michigan congressional delegation.