Mr. Frank of Massachusetts introduced the following bill on December 10, 2008: Auto Industry Financing and Restructuring Act (1) to immediately provide authority and facilities to restore liquidity and stability to the domestic automobile industry in the United States; and (2) to ensure that such authority and such facilities are used in a manner that—(A) results in a viable and competitive domestic automobile industry that minimizes adverse effects on the environment; (B) enhances the ability and the capacity of the domestic automobile industry to pursue the timely and aggressive production of energy efficient advanced technology vehicles;(C) preserves and promotes the jobs of American workers employed directly by the domestic automobile industry and in related industries; (D) safeguards the ability of the domestic automobile industry to provide retirement and health care benefits for the industry’s retirees and their dependents; and (E) stimulates manufacturing and sales of automobiles produced by automobile manufacturers in the United States.”