3.0.0 1093 2023-01-11T13:19:00Z 2023-01-11T13:19:00Z Senate S S 2009-05-20 111 ssfi00 Finance Committee Senate Standing Referred to 2009-05-20T18:26:16Z 2009-05-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5708-5710) IntroReferral 2009-05-20 Sponsor introductory remarks on measure. (CR S5704-5706) IntroReferral B00100 9 Library of Congress 2009-05-20 Introduced in Senate IntroReferral 10000 9 Library of Congress W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR N Taxation Climate change and greenhouse gases Energy efficiency and conservation Government information and archives Income tax credits Motor carriers Motor fuels Motor vehicles Sales and excise taxes Taxation 00 2009-05-20 Introduced in Senate 2009-06-25T22:12:24Z 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.

]]> OILSAVE Act Display Title OILSAVE Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide tax incentives for increasing motor vehicle fuel efficiency, and for other purposes. Introduced in Senate IS Short Titles as Introduced OILSAVE Act Short Titles as Introduced Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency Act Introduced in Senate 2009-05-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s1093is/xml/BILLS-111s1093is.xml 2009-05-20 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5708-5710) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.