S. 1093 would amend the Internal Revenue Code of 1986 to provide tax incentives for increasing motor vehicle fuel efficiency.

== Detailed Summary ==

<summary>
(LogOil 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 editrequire: (1) the wiki and beAdministrator of the firstEnvironmental Protection Agency (EPA) to provideimplement a detailed summaryprogram to support deployment of low-greenhouse gas and fuel-saving technologies; and (2) the bill!)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.
</summary>

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== Status of the Legislation ==

<status>
(Log inLatest Major Action: 5/20/2009: Referred to edit the wikiSenate committee. Status: Read twice and be the firstreferred to update the status of the bill!)Committee on Finance.
</status>

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== Points in Favor ==

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== Points Against ==

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