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- H.R.1957
H.R.1957: Consumer Auto-Tax Relief Act
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced June 29, 1995
- Latest Major Action June 30, 1995
Bill Sponsor
Bill Cosponsors
17 (16 Democrats, 1 Republican)
Bill Summary
Consumer Auto-Tax Relief Act - Amends the Internal Revenue Code to allow a deduction for interest on the acquisition of an automobile: (1) of which 60 percent or more of its equipment originated in the United States or Canada; (2) the price of which is under $35,000; and (3) the sale of which is its first retail sale.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Ways and Means.
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Sponsor introductory remarks on measure.
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| June 29, 1995 |
Introduced in the House by Sherrod Brown (D-Ohio) |