U.S. Congress - H.R.2640 Consumer Assistance to Recycle and Save Act
H.R.2640 - Consumer Assistance to Recycle and Save Act
To accelerate motor fuel savings nationwide and provide incentives to registered owners of high polluting automobiles to replace such automobiles with new fuel efficient and less polluting automobiles. view all titles (2)
All Bill Titles
- Official: To accelerate motor fuel savings nationwide and provide incentives to registered owners of high polluting automobiles to replace such automobiles with new fuel efficient and less polluting automobiles. as introduced.
- Short: Consumer Assistance to Recycle and Save Act as introduced.
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Official Summary
5/21/2009--Introduced.Consumer Assistance to Recycle and Save Act - Establishes in the National Highway Traffic Safety Administration (NHTSA) a Cash for Clunkers Temporary Vehicle Trade-in Program through which the Secretary of Transportation shall: (1) authorize the issuance of an electroOfficial Summary
5/21/2009--Introduced.Consumer Assistance to Recycle and Save Act - Establishes in the National Highway Traffic Safety Administration (NHTSA) a Cash for Clunkers Temporary Vehicle Trade-in Program through which the Secretary of Transportation shall:(1) authorize the issuance of an electronic voucher to offset the purchase or lease price for a new fuel efficient automobile upon the surrender of an eligible trade-in vehicle to a participating dealer;
(2) certify dealers for Program participation;
(3) make payments to them for vouchers they accept between March 30, 2009, and April 1, 2010;
(4) provide for the payment of rebates to qualifying persons; and
(5) establish and provide for the enforcement of measures to prevent and penalize fraud under the Program. Prescribes requirements, including combined fuel economy, for $3,500 and $4,500 vouchers to offset the purchase or lease price for a qualifying passenger automobile or truck. Limits the number of vouchers to one per customer, including joint registered owners of a single eligible trade-in vehicle. Requires a dealer to certify that each eligible trade-in vehicle:
(1) will be crushed or shredded, or transferred to an entity that will ensure it will be crushed or shredded, within the period of the Program; and
(2) has not been, and will not be, sold, leased, exchanged, or otherwise disposed of for use as an automobile in the United States or in any other country. Makes any person who purchased or leased a new fuel efficient vehicle after March 30, 2009, and before the enactment of this Act eligible for a cash rebate equivalent to the appropriate voucher amount. Prescribes standards which any regulations issued by the Secretary for the Program must meet. Makes it unlawful for any person to violate this Act or any regulations issued under it, particularly by fraud. Prescribes civil penalties for any such violation. Directs the Secretary to make Program information available on an Internet website and through other means.
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Recent News Coverage
Cash For Clunkers Program Details
...other means. Cash for Clunkers is expected to revamp the economy and one of its most important sectors: the car industry. H.R.2640 was sponsored by Senator Debbie Stabenow, a Michigan Democrat and one of the states most affected by the turmoil in the au
Recent Blog Coverage
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The American Spectator : Supply-Side, the Next Generation
http://gunowners.org/netb.htm HR 2640 the "Veterans Disarmament Act" and & S 2084) dereliction of duty to the Oath of office as the leadership of common defense Direct Criminal Constitutional Contempt of Court The Supreme Court ruled ...
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http://gunowners.org/netb.htm HR 2640 the "Veterans Disarmament Act" and & S 2084) dereliction of duty to the Oath of office as the leadership of common defense Direct Criminal Constitutional Contempt of Court The Supreme Court ruled ...
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