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GAO-09-981R 1 (2009-08-24)

handle is hein.gao/gaobadwyb0001 and id is 1 raw text is: I im TM WAccountability * Integrity * Reliability United States Government Accountability Office Washington, DC 20548 B-318552 August 24, 2009 The Honorable John D. Rockefeller IV Chairman The Honorable Kay Bailey Hutchison Ranking Minority Member Committee on Commerce, Science, and Transportation United States Senate The Honorable Henry A. Waxman Chairman The Honorable Joe L. Barton Ranking Minority Member Committee on Energy and Commerce House of Representatives Subject: Department of Transportation, National Highway Traffic Safety Administration: Requirements and Procedures for Consumer Assistance To Recycle and Save Program Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by the Department of Transportation, National Highway Traffic Safety Administration (NHTSA), entitled Requirements and Procedures for Consumer Assistance To Recycle and Save Program (RIN: 2127-AK53). We received the rule on August 7, 2009. It was published in the Federal Register as a final rule on July 29, 2009, with a stated effective date of July 29, 2009. 74 Fed. Reg. 37,878. The final rule sets forth the requirements and procedures for the voluntary vehicle trade-in and purchase/lease program under the Consumer Assistance to Recycle and Save Act of 2009 (commonly known as the Cash-for-Clunkers program). Pub. L. No. 111-32, title XIII, 123 Stat, 1859, 1909-1916 (June 24, 2009). This program helps consumers pay for new, more fuel efficient cars and trucks from a participating dealer when they trade in a less fuel efficient car or truck. The rule establishes a process by which dealers can register in order to participate in the program and establishes the criteria this agency will use to determine which disposal facilities are eligible to receive and either crush or shred the trade-in vehicles. It also sets forth the criteria that trade-in vehicles and new vehicles must meet in order for purchases and leases to qualify for assistance under this program and establishes the requirements that must be met by consumers, dealers, disposal facilities, and others. GAO-09-981R

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