US Congress Senate Bill 1093 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 20 2009 - 25% progression, died in chamber
Action: 2009-05-20 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5708-5710)
Text: Latest bill text (Introduced) [PDF]

Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency Act or the OILSAVE Act - Amends the Internal Revenue Code to: (1) allow a new tax credit for the purchase of fuel-efficient motor vehicles; (2) allow a business-related tax credit for the installation of fuel savings components in motor vehicles; and (3) revise the gas guzzler tax for automobiles with fuel economy ratings of less than 24.2 miles per gallon of gasoline (or equivalent amount of other fuel) consumed. Increases civil penalties for violations of manufacturer corporate average fuel economy (CAFE) standards. Amends the Energy Policy Act of 2005 to require: (1) the Administrator of the Environmental Protection Agency (EPA) to implement a program to support deployment of low-greenhouse gas and fuel-saving technologies; and (2) the Secretary of Commerce to define and collect data on characteristics of the U.S. truck fleet, with emphasis on data relating to fuel efficiency and greenhouse gas performance.

Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency Act

Sen. Ron Wyden [D-OR]

Date	Chamber	Action
2009-05-20		Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5708-5710)
2009-05-20		Sponsor introductory remarks on measure. (CR S5704-5706)

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/1093/all-info
Text	https://www.congress.gov/111/bills/s1093/BILLS-111s1093is.pdf