A bill to amend the Internal Revenue Code of 1954 to allow an itemized deduction for motor vehicle insurance premiums.

Summary

Provides, under the Internal Revenue Code, that in the case of an individual there shall be allowed as a deduction any amount, up to $150, paid during the taxable year as premiums on a motor vehicle insurance policy which insures a motor vehicle owned by the taxpayer. (Adds 26 U.S.C. 218)

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 9 January 1973

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 9 January 1973

   Introduced

   Introduced in House

   Source: IntroReferral

3. 9 January 1973

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 9 January 1973

  Open at official source

Sponsors

• Rep. Rarick, John R. [D-LA-6] · D · Sponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1954 to allow an itemized deduction for motor vehicle insurance premiums.
• related to ← A bill to amend the Internal Revenue Code of 1954 to allow an itemized deduction for motor vehicle insurance premiums.