A bill to amend the Internal Revenue Code of 1954 to impose an excise tax on the sale of automobiles based on fuel efficiency and to amend the Clean Air Act to provide a 1-year exemption from emission standards for efficient passenger automobiles.
Automobile Fuel Efficiency and Emission Control Act - Amends the Internal Revenue Code to impose graduated excise taxes on automobiles in order to penalize automobiles with higher fuel consumption rates. Directs the Administrator of the Environmental Protection Agency to prepare, publish and transmit to the Secretary of the Treasury an Automobile Consumption Schedule listing the fuel consumption rates of each automobile as determined under tests conducted by the Agency. Grants an exemption from certain emission standards under the Clean Air Act to automobiles with greater fuel efficiency than that which pertains to the lowest excise tax applicable to the automobiles' model year. Provides for the public dissemination of the tax applied against each car and its rating in the Consumption Schedule.
Directs the Administrator of the Environmental Protection Agency to issue regulations necessary to effectuate this Act.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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