Post from Dave Harding's Blog:
Rep Sutton's "Cash For Clunkers" Bill Passes House
The House passed the Consumer Assistance to Recycle and Save Act (H.R. 2751) to bring meaningful reductions in vehicle fleet carbon emissions and fuel consumption while providing much-needed stimulus for our ailing automakers. In the wake of General Motors and Chrysler filing for bankruptcy, layoffs of auto workers, and the closure of car dealerships, this legislation will provide consumers who trade in their old, gas-guzzling vehicles with vouchers worth up to $4,500 to help pay for new, more fuel efficient cars and trucks. This measure will spur the sales of up to 1 million more fuel efficient cars and trucks — creating jobs and shoring up car dealerships — and save over 250 million gallons of gas.

Under this legislation, if you have a vehicle that meets the conditions listed below and has been registered and in use for at least a year, you are eligible for a voucher to put towards a new, more efficient vehicle (miles per gallon figures refer to EPA “window sticker” values):

Passenger Cars
The old vehicle must get 18 mpg or less. New vehicles with improvement of at least 4 mpg will get a $3,500 voucher. New vehicles with improvement of at least 10 mpg will get a $4,500 voucher.

Light-Duty Trucks
The old vehicle must get 18 mpg or less. New vehicles with improvement of at least 2 mpg will get a $3,500 voucher. New vehicles with improvement of at least 5 mpg will get a $4,500 voucher.

Large light-Duty Trucks
The old vehicle must get 15 mpg or less. New vehicles with improvement of at least 1 mpg will get a $3,500 voucher or trade-in of a “work truck.” New vehicles with improvement of at least 2 mpg will get a $4,500 voucher.

Work Trucks
The old vehicle must be a pre-2002 model. New vehicles in the same or smaller weight class will get a $3,500 voucher.

Rep. Betty Sutton (D-OH), the sponsor of the bill:


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