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United States · Bill · HR

H.R. 2208 (97th)

A bill to amend the Internal Revenue Code of 1954 to provide a refundable income tax credit for the purchase of new highway vehicles.

referredUnited States· United States Congress· EN

Introduced

26 February 1981

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to allow individual taxpayers a refundable income tax credit for the purchase of a new automobile during a specified time period. Limits the amount of such credit to the lesser of ten percent of the cost of such vehicle or $1,000.

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Documents

1 official file

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Sources

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