S.Amdt. 4698

1. Adds SEC. 6. ENSURING AVAILABILITY OF FLEXIBLE FUEL VEHICLES at the end of the bill

   Adds a section

   In S. 3711 · Placed on Calendar Senate

   (B) any remainder of the qualified outer Continental Shelf revenues shall revert to the general fund of the Treasury.

   Inserted: SEC. 6. ENSURING AVAILABILITY OF FLEXIBLE FUEL VEHICLES.

   Inserted: (a) Amendment.--

   Inserted: (1) In general.--Chapter 329 of title 49, United States Code, is amended by inserting after section 32902 the following:

   Inserted: "Sec. 32902A. Requirement to manufacture flexible fuel vehicles

   Inserted: "(a) In General.--For each model year, each manufacturer of new motor vehicles (as defined under section 30(c)(2) of the Internal Revenue Code of 1986) described in subsection (b) shall ensure that the percentage of such vehicles manufactured in a particular model year that are flexible fuel vehicles shall be not less than the percentage set forth for that model year in the following table:

   Inserted: The percentage of flexible "If the model year is: fuel vehicles shall be:

   Inserted: 2010.................................... 25 percent 2020.................................... 50 percent

   Inserted: "(b) Motor Vehicles Described.--A motor vehicle is described in this subsection if the vehicle--

   Inserted: "(1) is capable of operating on gasoline or diesel fuel;

   Inserted: "(2) is distributed in interstate commerce for sale in the United States; and

   Inserted: "(3) does not contain certain engines that the Secretary of Transportation, in consultation with the Administrator of the Environmental Protection Agency and the Secretary of Energy, may temporarily exclude from the definition because it is technologically infeasible for the engines to have flexible fuel capability at any time during a period that the Secretaries and the Administrator are engaged in an active research program with the vehicle manufacturers to develop that capability for the engines.".

   Inserted: (2) Definition of flexible fuel vehicle.--Section 32901(8) of title 49, United States Code, is amended by inserting "or 'flexible fuel vehicle' " after " 'dual fueled automobile' ".

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   Inserted: (3) Clerical amendment.--The table of sections for chapter 329 of title 49, United States Code, is amended by inserting after the item relating to section 32902 the following:

   Inserted: "Sec. 32902A. Requirements to manufacture flexible fuel vehicles.".

   Inserted: (b) Rulemaking.--

   Inserted: (1) In general.--Not later than 1 year after the date of the enactment of this Act, the Secretary of Transportation shall issue regulations to carry out the amendments made by subsection (a).

   Inserted: (2) Hardship exemption.--The regulations issued pursuant to paragraph (1) shall include a process by which a manufacturer may be exempted from the requirement under section 32902A(a) upon demonstrating that such requirement would create a substantial economic hardship for the manufacturer.

   Inserted: SEC. 7. ALTERNATIVE FUELS INFRASTRUCTURE.

   Inserted: (a) Goal.--Congress declares that it is the goal of the United States to increase the accessibility of alternative fuels to retail consumers, and to ensure that at least 10 percent of motor vehicle refueling stations provide alternative fuels, by calendar year 2015.

   Inserted: (b) Alternative Fuel Infrastructure Initiative.--

   Inserted: (1) In general.--Not later than 1 year after the date of enactment of this Act, and every 2 years thereafter, the Secretary of Energy, in coordination with the Secretary of Transportation and the Administrator of the Environmental Protection Agency, and in consultation with State and local governments, shall--

   Inserted: (A) subject to subparagraph (B), develop and implement measures to increase the accessibility of alternative fuels to retail consumers to a level sufficient to ensure that at least 10 percent of motor vehicle refueling stations provide alternative fuels by calendar year 2015; and

   Inserted: (B) if the Secretary of Energy determines that there are insufficient legal authorities to achieve the target for calendar year 2015 described in subparagraph (A)--

   Inserted: (i) develop and implement measures to increase the accessibility of alternative fuels to retail consumers, to the maximum extent practicable; and

   Inserted: (ii) submit to Congress by January 1, 2008, proposed legislation or other recommendations to achieve that target.

   Inserted: (2) Requirement for major integrated oil companies.--

   Inserted: (A) In general.--Each major integrated oil company shall install and make available to retail consumers alternative fuels refueling infrastructure at--

   Inserted: (i) not less than 50 percent of the motor vehicle fueling stations owned by the company by not later than December 31, 2010; and

   Inserted: (ii) 100 percent of the motor vehicle refueling stations owned by the company by not later than January 1, 2015.

   Inserted: (B) Means of compliance.--A major integrated oil company shall meet the requirements of subparagraph (A) by--

   Inserted: (i) installing alternative refueling infrastructure at motor vehicle fueling stations;

   Inserted: (ii) purchasing alternative refueling infrastructure credits issued under subparagraph (C); or

   Inserted: (iii) carrying out a combination of the actions described in clauses (i) and (ii).

   Inserted: (C) Alternative refueling infrastructure credit trading program.--Not later than 180 days after the date of enactment of this Act, the Secretary shall establish a credit trading program--

   Inserted: (i) to permit a major integrated oil company that does not install alternative refueling infrastructure to comply with subparagraphs (A) and (B) to achieve that compliance by purchasing sufficient alternative refueling infrastructure credits; and

   Inserted: (ii) under which the Secretary shall issue alternative refueling infrastructure credits to entities that install new alternative refueling infrastructure.

   Original wording

   At the end of the bill, add the following:

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As printed