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S 1619 110th Congress Senate Taxation Automobiles Energy Fuel consumption Income tax Tax credits Transportation and Public Works Trucks

Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency (OILSAVE) Act

Introduced: June 14, 2007 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 14, 2007
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7734-7735)
Jun 14, 2007
Sponsor introductory remarks on measure. (CR S7734)
Jun 14, 2007
Introduced in Senate
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 Plain-English summary Congressional Research Service

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.

What's happening now June 14, 2007

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7734-7735)

 Related & companion bills 1
  • HR 3315 Text similarities To provide that the great hall of the Capitol Visitor Center shall be known as Emancipation Hall.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1619: Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency (OILSAVE) Act. 110th Congress. Open America. https://openamerica.io/bill/110-S-1619/
MLA
"S. 1619: Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency (OILSAVE) Act." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-S-1619/.
Bluebook (legal)
S. 1619, 110th Cong. (2026), https://openamerica.io/bill/110-S-1619/.
Markdown link
[S. 1619: Oil Independence, Limiting Subsidies, and Accelerating Vehicle Efficiency (OILSAVE) Act](https://openamerica.io/bill/110-S-1619/)
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