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HR 5681 97th Congress House Taxation Automobiles Business and commerce Depreciation and amortization Foreign Trade and Investments Imports Income tax Motor Vehicles and Driving Presidential powers Tax deductions

A bill to amend the Internal Revenue Code of 1954 to deny depreciation deductions with respect to imported highway motor vehicles.

Introduced: March 2, 1982 See on congress.gov
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This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) 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
Mar 2, 1982
Referred to House Committee on Ways and Means.
Mar 2, 1982
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to disallow a business expense deduction for depreciation of imported motor vehicles.

Grants the President authority to exempt any motor vehicle where the disallowance of depreciation is not in the public interest.

What's happening now March 2, 1982

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Hoyer, Steny H.
Maryland · Mar 9, 1982
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5681: A bill to amend the Internal Revenue Code of 1954 to deny depreciation deductions with respect to imported highway motor vehicles.. 97th Congress. Open America. https://openamerica.io/bill/97-HR-5681/
MLA
"H.R. 5681: A bill to amend the Internal Revenue Code of 1954 to deny depreciation deductions with respect to imported highway motor vehicles.." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-5681/.
Bluebook (legal)
H.R. 5681, 97th Cong. (2026), https://openamerica.io/bill/97-HR-5681/.
Markdown link
[H.R. 5681: A bill to amend the Internal Revenue Code of 1954 to deny depreciation deductions with respect to imported highway motor vehicles.](https://openamerica.io/bill/97-HR-5681/)
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