- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Energy and CommerceConsumer Protection and CommerceCommittee on Transportation and InfrastructureHighways and TransitIntroducedMarch 19th, 2009
- house Committees
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New Automobile Voucher Act of 2009
To establish a new automobile voucher program.
New Automobile Voucher Act of 2009 - Establishes in the Department of the Treasury the New Automobile Voucher Program. Directs the Secretary of the Treasury to: (1) authorize the issuance of a redeemable voucher to a dealer for each person or eligible fleet operator who purchases an eligible new automobile; (2) allow a dealer to participate in the program if it agrees to apply such voucher toward the purchase of an eligible new automobile and complies with all applicable requirements; (3) establish a Web-based system to process vouchers; and (4) make payments to dealers who apply vouchers for such purchases. Defines "eligible new automobile" as a new automobile whose purchase price is less than $50,000. Sets forth civil penalties for violations of this Act.