Page:United States Statutes at Large Volume 106 Part 4.djvu/167

 PUBLIC LAW 102-486—OCT. 24, 1992 106 STAT. 2903 (b) PAYMENT.— Not later than 30 days after receipt from the proposer of certification that the Secretary determines satisfies the requirements of subsection (a), the Secretary shall pay to the proposer the full amount of the discount payment, to the extent provided in advance in appropriations Acts. (c) CALCULATIONS OF DISCOUNT PAYMENTS.— (1) The discount payment shall be no greater than— (A) the price differential; or (B) the price of the comparable conventionally fueled motor vehicle. (2) The purchase price of the electric motor vehicle, less the discount payment and less any additional reduction in the purchase price of the electric motor vehicle that may result from contributions provided by other parties, may not be less than the manufacturer's suggested retail price of a comparable conventionally fueled motor vehicle. (3) The maximum discount payment shall be no greater than $10,000 per electric motor vehicle. SEC. 614. COST-SHARING. 42 USC 13284. (a) REQUIREMENT.—The Secretary shall require at least 50 percent of the costs directly and specifically related to any project under this subtitle to be from non-Federal sources. Such share may be in the form of cash, personnel, services, equipment, and other resources. (b) REDUCTION.—The Secretary may reduce the amount of costs required to be provided by non-Federal sources under subsection (a) if the Secretary determines that the reduction is necessary and appropriate— (1) considering the technological risks involved in the project; and (2) in order to meet the objectives of this subtitle. SEC. 615. REPORTS TO CONGRESS. 42 USC 13285. (a) PROGRESS REPORTS.—The Secretary shall report annually to Congress on the progress being made, through demonstration projects supported under this subtitle, to accelerate the development and use of electric motor vehicles. (b) REPORT ON ENCOURAGING THE PURCHASE AND USE OF ELEC- TRIC MOTOR VEHlCLES.Within 18 months after the date of enactment of this Act, the Secretary shall submit to the Congress a report on methods for encouraging the purchase and use of electric motor vehicles. Such report shall— (1) address the potential cost of purchasing and maintaining electric motor vehicles, including the initial cost of the batteries and the cost of replacement batteries; (2) identify methods for reducing, subsidizing, or sharing such costs; ana (3) include recommendations for legislative and administrative measures to encourage the purchase and use of electric motor vehicles. SEC. 616. AUTHORIZATION OF APPROPRIATIONS. 42 USC 13286. There are authorized to be appropriated to the Secretary for purposes of this subtitle $50,000,000 for the 10-year period beginning with the first full fiscal year after the date of enactment of this Act, to remain available until expended.

�