lifetime fuel savings
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “lifetime fuel savings” means, in the case of any new advanced lean burn technology motor vehicle, an amount equal to the excess (if any) of—
(A) 120,000 divided by the 2002 model year city fuel economy for the vehicle inertia weight class, over
(B) 120,000 divided by the city fuel economy for such vehicle.
Source
- 2005–present26 U.S.C. § 30BInternal Revenue Code · Alternative motor vehicle credit · in this section