Alternative Vehicle Propulsion Systems Research and Development Act

[AI summary unavailable — showing source text] Alternative Vehicle Propulsion Systems Research and Development Act - Declares it to be the policy of the United States and the purpose of this Act to: (1) demonstrate the commercial feasibility of all steam, electric, hybrid, and other alternative propulsion systems for vehicles for urban and rural individual and business use; (2) to encourage research and development in new technologies for all such vehicles; and (3) to provide incentives for consumers, government, and industry to purchase and utilize alternative vehicles. Directs the Administrator of the Energy Research and Development Administration to establish the Alternative Vehicle Research and Development Project. Specifies the aims of the project, including promoting research and development of alternative vehicle technology and ascertaining consumer needs and desires for alternative vehicles. Authorizes the Administrator to enter into such contracts as may be necessary to provide for the production, within one year of the enactment of this Act, of significant numbers of urban passenger and commercial vehicles emphasizing alternative propulsion systems. Stipulates that not more than 50 percent of such contracts shall be w…