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HR 7303 110th Congress House Taxation Income tax credits Motor vehicles

CAR Act

Introduced: November 20, 2008 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 20, 2008
Referred to the House Committee on Ways and Means.
Nov 20, 2008
Introduced in House
 Plain-English summary Congressional Research Service

Consumer and Automotive Recovery Act of 2008 or the CAR Act - Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for the purchase of a U.S. manufactured motor vehicle with a gross weight rating of not more than 14,000 pounds. Limits the amount of such credit to $1,500.

What's happening now November 20, 2008

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1