To amend the Internal Revenue Code of 1986 to encourage the removal of older, polluting passenger automobiles from use by providing a tax credit for removing such automobiles, and for other purposes.

Amends the Internal Revenue Code to allow a credit of $100 for each qualified older automobile of a taxpayer permanently removed from use pursuant to a program of the Environmental Protection Agency (EPA).

Requires the Administrator of EPA to establish and implement such a program to encourage the permanent removal from use of automobiles older than model year 1980.

Imposes an excise tax on chlorodifluoromethane (HCFC-22) as an ozone-depleting chemical.