Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Promoting the Use of Mixed Petroleum Act or the E-85 PUMP Act - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for alternative fuel vehicle refueling property from 30 to 50%; (2) increase the limit on such credit for commercial properties to $50,000; and (3) extend such credit through 2014.
Amends the Clayton Antitrust Act to make it an unlawful restriction of trade to prohibit a service station franchisee from installing alternative fuel vehicle refueling property.
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