United States · Bill · S
S. 1619 (110th)
Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency (OILSAVE) Act
Introduced
14 June 2007
Last action
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Status
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7734-7735)
Sponsors
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Subjects
Discovery layer
Source updated
14 August 2025
Summary
Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency (OILSAVE) Act - Amends the Internal Revenue Code to allow a tax credit for the purchase of a new qualified fuel-efficient motor vehicle. Defines "new qualified fuel-efficient motor vehicle" as a passenger automobile with a fuel economy rating of not less than 34.5 miles per gallon or a light truck with a 27.5 miles per gallon rating which are manufactured for model years 2009-2011. Expresses the sense of the Senate that the cost of this Act shall be offset by equivalent revenues in related legislation.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 14 June 2007
Introduced in Senate (PDF)
Introduced in Senate · EN · 14 June 2007
Introduced in Senate
summary · EN · 14 June 2007
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/110th-congress/senate-bill/1619
- Open data entity: https://api.congress.gov/v3/bill/110/s/1619