Fuel Efficient Cars Bill (Law'd)

[MasterJedi]

Fuel Efficient Cars Bill

Whereas, the CAFE standards for this year, 2009, as amended unter the Environmental Policy Act of 2009, are:

34 mpg for cars, 24 mpg for light trucks, 22 mpg for SUVs


Section 1: In a further effort to encourage sensible energy usage and responsibility regarding environmental protection, but also to stimulate demand for fuel efficient automobiles in this recession, Atlasia shall offer tax credits for the purchase of such vehicles.

Section 2: Any person who purchases a vehicle which has a fuel economy, defined by the EPA, of 10 mpg or more than the CAFE standards, shall be eligible for a tax credit totalling 15% of the cost of the vehicle, up to a maximum of $4,000.

Section 3: This program shall only be valid until a maximum of $30 billion are used.
Spon: Sen. Franzl

[MasterJedi]

I hereby open up the final vote on this bill. Please vote Aye, Nay or Abstain.

Aye

[MasterJedi]

This bill has enough votes to pass. Senators now have 24 hours to change their votes.

[MasterJedi]

With 8 Ayes, 1 Nay and 0 Abstentions this bill has passed. I hereby present it to the President for his signature.