HR 520 · 111th Congress · Energy
Accelerated Retirement of Inefficient Vehicles Act of 2009
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Highways and Transit.(2009-01-15)
Plain Language Summary
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Accelerated Retirement of Inefficient Vehicles Act of 2009 - Establishes in the Department of Energy the Accelerated Retirement of Inefficient Vehicles Program. Directs the Secretary of Transportation to: (1) authorize the issuance of a redeemable voucher, with limitations, to the registered owner of an eligible high fuel consumption automobile for the purchase of a new or used fuel efficient automobile upon transfer of the eligible automobile title to a participating dealer, dismantler, or scrap recycling facility; (2) allow a dealer, dismantler, or scrap recycling facility to participate in the program if they agree to scrap the eligible high fuel consumption automobile, issue a voucher to its owner, and meet all applicable requirements; (3) require dealers to accept such vouchers as partial payment for the purchase of a new or used fuel efficient automobile; and (4) make payments to dealers who accepted vouchers between January 1, 2009, and December 31, 2014. Authorizes the use of vouchers to acquire single-passenger transit fare credits. Requires the Secretary to promulgate regulations that allow operators of bus and rail public transit systems to redeem properly issued voucher…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
12 Democrats