,,ii  #aafth ,,congress  #ast ,session  
,s4 #fhc  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,march #f1 #bjai,mr4
 ,brown 7for himself and ,ms4 ,cortez   
,masto7 introduced the following bill2  
which was read twice and referred to the
 ,committee on ,finance  ,a ,,bill  ,to 
establish a voluntary program in the    
,national ,highway ,traffic ,safety     
,administration to encourage consumers  
to purchase or lease new automobiles    
made in the ,united ,states1 and for    
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,american      
,cars1 ,american ,jobs ,act of #bjai4   
#b4 ,american ,cars1 ,american ,jobs    
,program  7a7 ,definitions ,in this     
section3 7#a7 ,automobile ,the term     
automobile has the meaning given the    
term in section #cbija7;a7 of title #di1
 ,united ,states ,code4  7#b7           
,automobile made in the ,united ,states 
,the term automobile made in the ,united
 ,states means an automobile that meets 
the requirements described in paragraph 

7#a7 or 7#b7 of subsection 7c74  7#c7   
,dealer ,the term dealer means a person 
licensed by a ,state who engages in the 
sale of new automobiles to ultimate     
purchasers4  7#d7 ,program ,the term    
,program means the ,american ,cars1     
,american ,jobs ,program established by 
subsection 7b74  7#e7 ,qualifying lease 
,the term qualifying lease means a lease
 of an automobile for a period of not   
less than #e years4  7#f7 ,secretary    
,the term ,secretary means the          
,secretary of ,transportation1 acting   
through the ,administrator of the       
,national ,highway ,traffic ,safety     
,administration4  7#g7 ,ultimate        
purchaser ,the term ultimate purchaser  
means1 with respect to any new          
automobile1 the first person who in good
 faith purchases the automobile for     
purposes other than resale4  7#h7       
,vehicle identification number ,the term
 vehicle identification number means the
 #ag-;character number used by the      
automobile industry to identify         

individual automobiles4  7#i7 ,voucher  
,the term voucher means an electronic   
transfer of funds to a dealer based on  
an eligible transaction under this      
section4  7b7 ,establishment ,there is  
established in the ,national ,highway   
,traffic ,safety ,administration a      
voluntary program1 to be known as the   
,american ,cars1 ,american ,jobs        
,program1 through which the ,secretary1 
in accordance with this section and the 
regulations promulgated under subsection
 7e71 shall--  7#a7 authorize the       
issuance of an electronic voucher1      
subject to the limitations described in 
subsection 7d71 to offset the purchase  
price or lease price for a qualifying   
purchase or qualifying lease1           
respectively1 of a new automobile made  
in the ,united ,states2  7#b7 register  
dealers for participation in the        
,program and require that all registered
 dealers accept vouchers as provided in 
this section as partial payment or down 
payment for the purchase or qualifying  

lease of any new automobile made in the 
,united ,states offered for sale or     
lease by that dealer2  7#c7 in          
consultation with the ,secretary of the 
,treasury1 make electronic payments to  
dealers for eligible transactions by the
 dealers described in paragraph 7#b71 in
 accordance with the regulations        
promulgated under subsection 7e72 and   
7#d7 in consultation with the ,secretary
 of the ,treasury and the ,inspector    
,general of the ,department of          
,transportation1 establish and provide  
for the enforcement of measures to      
prevent and penalize fraud under the    
,program4  7c7 ,qualifications for and  
value of vouchers  7#a7 ,voucher for    
passenger vehicles ,except as provided  
in paragraph 7#b71 a voucher issued     
under the ,program shall have a value of
 #c1ejj that may be applied to offset   
the purchase price or lease price for a 
purchase or qualifying lease1           
respectively1 of a new automobile made  
in the ,united ,states1 if the          

automobile--  7,a7 for the most recent  
model year1 is determined by the        
,secretary to contain content of which  
not less than #de percentage 7by value7 
is of ,united ,states_/,canadian origin 
7as those terms are defined in section  
#cbcjd7;a7 of title #di1 ,united ,states
 ,code72 and  7,b7 is assembled in the  
,united ,states4  7#b7 ,voucher for     
plug-in electric drive vehicles ,a      
voucher issued under the ,program shall 
have a value of #d1ejj that may be      
applied to offset the purchase price or 
lease price for a purchase or qualifying
 lease1 respectively1 of a new          
automobile made in the ,united ,states1 
if the automobile--  7,a7 for the most  
recent model year1 is determined by the 
,secretary to contain content of which  
not less than #de percentage 7by value7 
is of ,united ,states_/,canadian origin 
7as those terms are defined in section  
#cbcjd7;a7 of title #di1 ,united ,states
 ,code72  7,b7 is assembled in the      
,united ,states2 and  7,c7 is a new     

qualified plug-in electric drive motor  
vehicle 7as defined in section #cj;,d7d7
 of the ,internal ,revenue ,code of     
#aihf74  7d7 ,program limitations  7#a7 
,general period of eligibility ,a       
voucher issued under the ,program shall 
be used only in connection with the     
purchase or qualifying lease of a new   
automobile made in the ,united ,states  
that occurs during the period--  7,a7   
beginning on the date that is #ge days  
after the date of enactment of this     
,act2 and  7,b7 ending on the date that 
is #b years after the date described in 
subparagraph 7,a74  7#b7 ,number of     
vouchers per person and per trade-in    
vehicle ,not more than #a voucher may be
 issued under the ,program for a single 
person4  7#c7 ,no combination of        
vouchers ,only #a voucher issued under  
the ,program may be applied toward the  
purchase or qualifying lease of a single
 new automobile made in the ,united     
,states4  7#d7 ,combination with other  
incentives permitted ,the availability  

or use of a ,federal1 ,state1 or local  
incentive or a ,state-issued voucher for
 the purchase or lease of a new         
automobile made in the ,united ,states  
shall not limit the value or issuance of
 a voucher under the ,program to any    
person otherwise eligible to receive    
such a voucher4  7#e7 ,no additional    
fees ,a dealer participating in the     
,program may not charge a person        
purchasing or leasing a new automobile  
made in the ,united ,states any         
additional fees associated with the use 
of a voucher under the ,program4  7#f7  
,number and amount ,the total number and
 value of vouchers issued under the     
,program may not exceed the amounts     
appropriated for that purpose4  7e7     
,regulations  7#a7 ,in general          
,notwithstanding section #eec of title  
#e1 ,united ,states ,code1 not later    
than #fj days after the date of         
enactment of this ,act1 the ,secretary  
shall promulgate final regulations to   
implement the ,program4  7#b7           

,requirements ,the regulations under    
paragraph 7#a7 shall-- 7,a7 provide for 
a means of registering dealers for      
participation in the ,program2  7,b7    
establish procedures for the            
reimbursement of dealers participating  
in the ,program to be made through      
electronic transfer of funds for the    
amount of the vouchers as soon as       
practicable1 but not longer than #aj    
days1 after the date of submission of   
information supporting the eligible     
transaction1 as the ,secretary          
determines to be appropriate2  7,c7     
require each applicable dealer to use a 
voucher under the ,program in addition  
to any other rebate or discount         
advertised by the dealer or offered by  
the manufacturer for an applicable new  
automobile made in the ,united ,states2 
and  7,d7 prohibit each applicable      
dealer from using a voucher under the   
,program to offset any other rebate or  
discount described in subparagraph 7,c74
  7f7 ,anti-,fraud provisions  7#a7     

,violation ,it shall be unlawful for any
 person to violate this section or any  
regulations promulgated pursuant to     
subsection 7e7 7other than by making a  
clerical error74  7#b7 ,penalties  7,a7 
,in general ,any person who commits a   
violation described in paragraph 7#a7   
shall be liable to the ,federal         
,government for a civil penalty of not  
more than #ae1jjj for each violation4   
7,b7 ,authority of the ,secretary ,the  
,secretary may-- 7i7 assess and         
compromise penalties under subparagraph 
7,a72 and  7ii7 require from any person 
the records and inspections necessary to
 enforce the ,program4  7,c7            
,determination ,in determining the      
amount of a civil penalty under this    
paragraph1 the severity of the          
applicable violation and the intent and 
history of the person committing the    
violation shall be taken into account4  
7g7 ,information to consumers and       
dealers  7#a7 ,in general ,not later    
than #fj days after the date of         

enactment of this ,act1 and promptly    
after receiving any update of any       
relevant information1 the ,secretary    
shall make available on an internet     
website and through other means         
determined by the ,secretary information
 about the ,program1 including--  7,a7  
how to participate in the ,program1     
including how to determine participating
 dealers2 and  7,b7 a comprehensive     
list1 by make and model1 of new         
automobiles made in the ,united ,states 
meeting the requirements of the         
,program4  7#b7 ,public awareness       
campaign ,once the information described
 in paragraph 7#a7 is available1 the    
,secretary shall conduct a public       
awareness campaign to inform consumers  
about the ,program and where to obtain  
additional information4  7h7            
,recordkeeping and report  7#a7         
,database ,the ,secretary shall maintain
 a database of the vehicle              
identification numbers of all new       
automobiles made in the ,united ,states 

purchased or leased under the ,program4 
7#b7 ,report on efficacy of the ,program
 ,not later than #fj days after the end 
of the period described in subsection   
7d77#a71 the ,secretary shall submit to 
the ,committee on ,commerce1 ,science1  
and ,transportation of the ,senate and  
the ,committee on ,energy and ,commerce 
of the ,house of ,representatives a     
report describing the efficacy of the   
,program1 including--  7,a7 a           
description of ,program results1        
including--  7i7 the total number and   
amount of vouchers issued for purchase  
or qualifying lease of new automobiles  
made in the ,united ,states by--  7,i7  
manufacturer 7including aggregate       
information concerning the make1 model1 
and model year72 and  7,,ii7 category of
 automobile2 and  7ii7 the location of  
sale or qualifying lease2 and  7,b7 an  
estimate of the overall economic and    
employment effects of the ,program4  7i7
 ,exclusion of vouchers from income     
7#a7 ,for purposes of all ,federal and  

,state programs ,a voucher issued under 
this section or any payment made for    
such a voucher under subsection 7b77#c7 
shall not be regarded as income and     
shall not be regarded as a resource for 
the month of receipt of the voucher and 
the following #ab months1 for purposes  
of determining the eligibility of the   
recipient of the voucher 7or a spouse or
 other family or household members of   
the recipients7 for benefits or         
assistance1 or the amount or extent of  
benefits or assistance1 under any       
,federal or ,state program4  7#b7 ,for  
purposes of taxation ,a voucher issued  
under this section or any payment made  
for such a voucher under subsection     
7b77#c7 shall be deemed not to be income
 of the purchaser of an automobile for  
purposes of the ,internal ,revenue ,code
 of #aihf4  7j7 ,authorization of       
appropriations  7#a7 ,in general ,there 
is authorized to be appropriated to the 
,secretary #c1jjj1jjj1jjj to carry out  
the ,program1 to remain available until 

expended4  7#b7 ,administration ,of the 
amounts appropriated under paragraph    
7#a71 not more than #a1jjj1jjj may be   
made available for the administration of
 the ,program4  #c4 ,disallowance of    
deduction for global low-taxed income   
for certain automobile companies  7a7   
,in general ,section #bej of the        
,internal ,revenue ,code of #aihf is    
amended-- 7#a7 by redesignating         
subsection 7c7 as subsection 7d72 and   
7#b7 by inserting after subsection 7b7  
the following3  7c7 ,special rule for   
certain motor vehicle manufacturers     
7#a7 ,in general ,the amount determined 
under subsection 7a77#a77;,b7 shall be  
zero for any taxable year of a domestic 
corporation described in paragraph 7#b7 
if the number of full-time employees of 
such corporation performing             
substantially all of their services     
inside the ,united ,states during such  
taxable year is less than the number of 
such employees on ,december #bj1 #bjag4 
7#b7 ,domestic corporation described ,a 

domestic corporation is described in    
this paragraph with respect to any      
taxable year if such domestic           
corporation--  7,a7 is a manufacturer   
7within the meaning of section #cj;,b7  
of motor vehicles 7as defined in section
 #cj;,b7h77#a771 and  7,b7 is a ,united 
,states shareholder of a controlled     
foreign corporation which increases the 
number of full-time employees of such   
controlled foreign corporation during   
period comprising of the taxable year of
 such domestic corporation4  4  7b7     
,effective date ,the amendments made by 
this section shall apply to taxable     
years beginning after the date of       
enactment of this ,act4