S. 1055, The American Automobile Industry Promotion Act of 2007
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Version saved on June 14, 2007, 18:26:58, by webmaster:
S. 1055 would promote the future of the American automobile industry.
American Automobile Industry Promotion Act of 2007 - Directs the Secretary of Energy to: (1) offer to enter into an arrangement with the National Academy of Sciences to assess state-of-the-art battery technologies with potential application for electric drive transportation; (2) conduct a program of research, development, demonstration, and commercial application for electric drive transportation technology (i.e. vehicles that use electric motors for all or part of the motive power); and (3) establish and carry out an Advanced Battery Initiative to support research, development, demonstration, and commercial application of battery technologies in on-road or nonroad vehicles.
Amends the Internal Revenue Code to redefine the new advanced lean burn technology motor vehicle credit for high-efficiency diesel passenger automobiles and light trucks to eliminate requirements that such motor vehicles for 2004 and later model years receive a certificate stating they meet or exceed certain weight and emission standards.
Amends the Clean Air Act to: (1) define biodiesel and biodiesel blend; and (2) require the Administrator of the Environmental Protection Agency (EPA) to promulgate regulations to establish standards for each biodiesel blend.
Status of the Legislation
Latest Major Action: 3/29/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
Points in Favor
(Log in to edit the wiki and be the first to show why the bill should pass!)
(Log in to edit the wiki and be the first to show why the bill should not pass!)