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HR 4080 102th Congress House

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 29, 1992 See on congress.gov
Taxation Buy AmericanIncome taxInterestMotor vehicles
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Tax deductionsTrucks
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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
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 Latest action January 3, 1992

Referred to the House Committee on Ways and Means.

 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.

 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/)
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