110(c) that meets the requirements of this paragraph.
"(d) Credits for Motor Vehicle Manufacturers.-(1) The
Administrator may (by regulation) grant a motor vehicle manufacturer
an appropriate amount of credits toward fulfillment of such
manufacturer's share of the requirements of subsection (c)(1) of this
section for any of the following (or any combination thereof):
"(A) The sale of more clean-fuel vehicles than required under
subsection (c)(1) of this section.
"(B) The sale of clean fuel vehicles which meet standards
established by the Administrator as provided in paragraph (3)
which are more stringent than the clean-fuel vehicle standards
otherwise applicable to such clean-fuel vehicle. A manufacturer
granted credits under this paragraph may transfer some or all of
the credits for use by one or more other manufacturers in
demonstrating compliance with the requirements prescribed under
this paragraph. The Administrator may make the credits available
for use after consideration of enforceability, environmental, and
economic factors and upon such terms and conditions as he finds
appropriate. The Administrator shall grant credits in accordance
with this paragraph, notwithstanding any requirements of State
law or any credits granted with respect to the same vehicles
under any State law, rule, or regulation.
"(2) Regulations and administration.-The Administrator shall
administer the credit program established under this subsection.
Within 12 months after the enactment of the Clean Air Act Amendments
of 1990, the Administrator shall promulgate regulations for such
"(3) Standards for issuing credits for cleaner vehicles.-The more
stringent standards and other requirements (including requirements
relating to the weighting of credits) established by the Administrator
for purposes of the credit program under 245(e) (relating to credits
for clean fuel vehicles in the fleets program) shall also apply for
purposes of the credit program under this paragraph.
"(e) Program Evaluation.-(1) Not later than June 30, 1994 and
again in connection with the report under paragraph (2), the
Administrator shall provide a report to the Congress on the status of
the California Air Resources Board Low-Emissions Vehicles and Clean
Fuels Program. Such report shall examine the capability, from a
technological standpoint, of motor vehicle manufacturers and motor
vehicle fuel suppliers to comply with the requirements of such program
and with the requirements of the California Pilot Program under this
"(2) Not later than June 30, 1998, the Administrator shall
complete and submit a report to Congress on the effectiveness of the
California pilot program under this section. The report shall evaluate
the level of emission reductions achieved under the program, the costs
of the program, the advantages and disadvantages of extending the
program to other nonattainment areas, and desirability of continuing
or expanding the program in California.
"(3) The program under this section cannot be extended or
terminated by the Administrator except by Act of Congress enacted
after the date of the Clean Air Act Amendments of 1990. Section 177 of
this Act does not apply to the program under this section.
"(f) Voluntary Opt-In for Other States.-
"(1) EPA regulations.-Not later than 2 years after the
enactment of the Clean Air Act Amendments of 1990, the