HR 5579
109th Congress
House
Taxation
Automobile industry
Automobiles
Commerce
Depreciation and amortization
Energy
Excise tax
Fuel consumption
Income tax
Tax deductions
Transportation and Public Works
Trucks
No Special Tax Subsidies for Gas Guzzlers Act of 2006
Introduced: June 9, 2006
Introduced by:
Markey, Edward J.
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2006
Referred to the House Committee on Ways and Means.
Jun 9, 2006
Sponsor introductory remarks on measure. (CR E1104-1105)
Jun 9, 2006
Introduced in House
Plain-English summary
No Special Tax Subsidies for Gas Guzzlers Act of 2006 - Amends the Internal Revenue Code to impose: (1) depreciation limits applicable to luxury automobiles on certain heavy vehicles (rated at 8,500 pounds gross vehicle weight or less) and sport utility vehicles; and (2) the gas guzzler excise tax on such heavy vehicles and sport utility vehicles.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1