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United States · Bill · HR

H.R. 1957 (104th)

Consumer Auto-Tax Relief Act

openUnited States· United States Congress· EN

Introduced

29 June 1995

Last action

Status

Sponsor introductory remarks on measure. (CR E1369)

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Consumer Auto-Tax Relief Act - Amends the Internal Revenue Code to allow a deduction for interest on the acquisition of an automobile: (1) of which 60 percent or more of its equipment originated in the United States or Canada; (2) the price of which is under $35,000; and (3) the sale of which is its first retail sale.

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Documents

3 official files

Introduced in House (text)

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