Page:United States Statutes at Large Volume 123.djvu/1935

 123STA T . 1 9 1 5PUBLIC LA W 111 – 32 —J U NE 2 4, 2 0 09 forape r i o d of n o tl e s st h an 1y ear i m mediately prior tos uc h trade - in as manufactured less than 25 years b efore the date of the trade-in; and ( D ) in the case of an automobile , has a combined fuel economy v alue of 1 8 miles per g allon or less; (8) the term ‘ ‘new fuel efficient automobile ’ ’ means an auto- mobile described in paragraph (1), (2), ( 3 ),or( 4 ) — ( A )thee q uitable or legal title of which has not been transferred to any person other than the ultimate pur- chaser; ( B ) that carries a manufacturer’s suggested retail price of $ 45, 0 00 or less; (C) that— (i) in the case of passenger automobiles, category 1 truc k s, or category 2 trucks, is certified to applicable standards under section 8 6. 1811 – 04 of title 40, Code of F ederal R egulations; or (ii) in the case of category 3 trucks, is certified to the applicable vehicle or engine standards under section 86.1816–08, 86–00 7 –11, or 86.008–10 of title 40, Code of Federal Regulations; and (D) that has the combined fuel economy value of at least— (i) 22 miles per gallon for a passenger automobile; (ii) 18 miles per gallon for a category 1 truck; or (iii) 15 miles per gallon for a category 2 truck; ( 9 ) the term ‘‘ P rogram’’ means the Consumer Assistance to Recycle and S ave Program established by this section; (10) the term ‘‘qualifying lease’’ means a lease of an auto- mobile for a period of not less than 5 years; (11) the term ‘‘scrappage value’’ means the amount received by the dealer for a vehicle upon transferring title of such vehicle to the person responsible for ensuring the dismantling and destroying of the vehicle; (12) the term ‘‘Secretary’’ means the Secretary of T ranspor- tation acting through the N ational H ighway Traffic Safety Administration; (13) the term ‘‘ultimate purchaser’’ means, with respect to any new automobile, the first person who in good faith purchases such automobile for purposes other than resale; (14) the term ‘‘vehicle identification number’’ means the 17 character number used by the automobile industry to iden- tify individual automobiles; and (15) the term ‘‘voucher’’ means an electronic transfer of funds to a dealer based on an eligible transaction under this program. ( j )A P P RO PR IAT IO N .—There is hereby appropriated to the Sec- retary of Transportation $1,000,000,000, of which up to $50,000,000 is available for administration, to remain available until e x pended to carry out this section.
 * (C)w