110th Congress - H.R.670 :

LEGISLATION: DRIVE Act

H.R.670 introduced in the House by Rep Engel, Eliot L. [NY-17] on January 24, 2007

To promote the national security and stability of the United States economy by reducing the dependence of the United States on foreign oil through the use of alternative fuels and new vehicle technologies, and for other purposes. Purposes- The purposes of this Act are-- (1) to accelerate market penetration of flexible fuel, electric drive, and alternative motor vehicles; (2) to enable the accelerated market penetration of efficient technologies and alternative fuels without adverse impact on air quality while maintaining a policy of fuel neutrality, so as to allow market forces to elect the technologies and fuels that are consumer-friendly, safe, environmentally-sound, and economic; (3) to provide time-limited financial incentives to encourage production and consumer purchase of oil saving technologies and fuels nationwide; (4) to promote a nationwide diversity of motor vehicle fuels and advanced motor vehicle technology, including advanced lean burn technology, hybrid technology, flexible fuel motor vehicles, alternatively fueled motor vehicles, and other oil saving technologies; and (5) to decrease American dependence on imported oil.

Link to THOMAS for bill text, cosponsors, and current status