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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Transportation and Infrastructure
      Highways and Transit
      House Committee on Energy and Commerce
      Commerce, Manufacturing, and Trade
    IntroducedMarch 19th, 2009

Bill Details

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Title

New Automobile Voucher Act of 2009

Official Title

To establish a new automobile voucher program.

Summary

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.

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