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HR 4086 102th Congress House Taxation Automobiles Buy American Foreign Trade and International Finance Income tax Interest Tax deductions

To amend the Internal Revenue Code of 1986 to restore the deduction for interest on indebtedness incurred to acquire a new American-made automobile.

Introduced: January 3, 1992 See on congress.gov
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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 28, 1992
Referred to the House Committee on Ways and Means.
Jan 3, 1992
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to restore the deduction for interest on an automobile loan for indebtedness incurred after December 31, 1991 for an American-made automobile.

What's happening now January 28, 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 2
All 2 Democratic 1 Republican 1
D
Norton, Eleanor Holmes
District of Columbia · Mar 19, 1992
 R
Smith, Christopher H.
New Jersey · Feb 4, 1992
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4086: To amend the Internal Revenue Code of 1986 to restore the deduction for interest on indebtedness incurred to acquire a new American-made automobile.. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-4086/
MLA
"H.R. 4086: To amend the Internal Revenue Code of 1986 to restore the deduction for interest on indebtedness incurred to acquire a new American-made automobile.." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-4086/.
Bluebook (legal)
H.R. 4086, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-4086/.
Markdown link
[H.R. 4086: To amend the Internal Revenue Code of 1986 to restore the deduction for interest on indebtedness incurred to acquire a new American-made automobile.](https://openamerica.io/bill/102-HR-4086/)
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