Automotive Energy Research and Development Act

[AI summary unavailable — showing source text] Automotive Energy Research and Development Act - Authorizes and directs the Administrator of the Energy Research and Development Administration to develop within three years an energy-efficient, low emission vehicle engine which could comply with the standards of the Clean Air Act and any further emission standards enacted by Congress and which could be placed into substantially all new or existing motor vehicles. Grants the Administrator the authority to make grants and contracts, to appoint personnel, and to promulgate regulations as necessary to carry out the provisions of the Act. Requires the Administrator to submit reports to congress at six-month intervals and to report within twelve months of enactment on the economic impact on individuals of placing the new engine into motor vehicles. Authorizes to be appropriated not to exceed $100,000,000 to carry out the purposes of this Act.…