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HR 2715 110th Congress House Taxation Automobiles Commerce Depreciation and amortization Income tax Tax deductions Transportation and Public Works

To amend the Internal Revenue Code of 1986 to include heavier vehicles in the limitation on the depreciation of certain luxury automobiles.

Introduced: June 14, 2007 See on congress.gov
This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 14, 2007
Referred to the House Committee on Ways and Means.
Jun 14, 2007
Sponsor introductory remarks on measure. (CR E1299)
Jun 14, 2007
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to revise the definition of "passenger automobile" for purposes of the limitation on depreciation for luxury automobiles to mean any four-wheeled vehicle which is: (1) primarily designed or used to carry passengers over public streets, roads, or highways; and (2) rated at 14,000 pounds unloaded gross vehicle weight or less. Adds an exemption from such definition for certain vehicles with open cargo areas which are designed for more than nine individuals in seating rearward of the driver's seat.

What's happening now June 14, 2007

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 2715: To amend the Internal Revenue Code of 1986 to include heavier vehicles in the limitation on the depreciation of certain luxury automobiles.. 110th Congress. Open America. https://openamerica.io/bill/110-HR-2715/
MLA
"H.R. 2715: To amend the Internal Revenue Code of 1986 to include heavier vehicles in the limitation on the depreciation of certain luxury automobiles.." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-2715/.
Bluebook (legal)
H.R. 2715, 110th Cong. (2026), https://openamerica.io/bill/110-HR-2715/.
Markdown link
[H.R. 2715: To amend the Internal Revenue Code of 1986 to include heavier vehicles in the limitation on the depreciation of certain luxury automobiles.](https://openamerica.io/bill/110-HR-2715/)
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