Drivers AID Act

Summary

Drivers Accelerated Interest Deductibility Act of 2011 or the Drivers AID Act - Amends the Internal Revenue Code to allow a deduction from gross income of up to $5,000 for interest paid for the purchase of certain new automobiles or light trucks during periods when the average national unemployment rate is not less than 7%.

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

Timeline

1. 20 December 2011

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 20 December 2011

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 December 2011

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 December 2011 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 December 2011

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 December 2011

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 20 December 2011

  Open at official source

Sponsors

• Rep. Richardson, Laura [D-CA-37] · D · Sponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.