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HR 4080 102th Congress House Taxation Buy American Income tax Interest Motor vehicles Tax deductions Trucks

To amend the Internal Revenue Code of 1986 to allow a deduction for interest on loans used to purchase new passenger motor vehicles and small trucks made in the United States.

Introduced: January 3, 1992 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 3, 1992
Referred to the House Committee on Ways and Means.
Jan 3, 1992
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow a deduction for personal interest on loans used to purchase new passenger motor vehicles and small trucks wholly assembled in the United States.

What's happening now January 3, 1992

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1