A bill to amend the Internal Revenue Code of 1954 to impose a temporary excise tax on passenger motor vehicles based on horsepower, to amend the National Traffic and Motor Vehicle Safety Act of 1966 to prohibit the manufacture of passenger motor vehicles which do not comply with certain limitations with respect to weight, fuel economy, and horsepower, and for other purposes.
Passenger Motor Vehicle Fuel Economy Act - Imposes a temporary excise tax under the Internal Revenue Code on passenger motor vehicles with a horsepower rating of over 200. Prohibits, under the National Traffic and Motor Vehicle Safety Act, the manufacture of passenger motor vehicles after five years after the date of enactment of this Act which do not comply with specified limitations with respect to weight, fuel economy, and horsepower.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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