Skip to main content
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
Sign in to write a letter Sign in to watch
This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Smith, Christopher H.
New Jersey · Jan 29, 1992
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4080: 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.. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-4080/
MLA
"H.R. 4080: 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.." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-4080/.
Bluebook (legal)
H.R. 4080, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-4080/.
Markdown link
[H.R. 4080: 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.](https://openamerica.io/bill/102-HR-4080/)
Report a problem