DALLAS – Credit Union Solutions Group, as a show of support of Sen. Orrin Hatch's (R-Utah) Senate Bill 760-The Clean Efficient Automobiles Resulting from Advanced Car Technologies Act of 2001 (The Clear Act)-has agreed to supply information and educational material to credit union members, through its Preferred Dealer Network, about dealers who sell alternative fuel vehicles (AFVs).
Introduced by Hatch in April 2001 in response to President Bush's call for tax incentives to encourage the use of alternative fuel vehicles as part of his National Energy Plan, The Clear Act awards tax credits for vehicles based on the environmental and fuel efficiency gains resulting from their advanced technology or use of alternative fuels.
At press time, S.760 had 14 co-sponsors and was in the Senate Finance Committee.
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