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United States · Bill · HR

H.R. 5406 (97th)

A bill to amend the Internal Revenue Code of 1954 to allow a refundable income tax credit for the purchase of new automobiles manufactured by domestic automobile companies.

referredUnited States· United States Congress· EN

Introduced

2 February 1982

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 an income tax credit of $1,500 for purchasing between December 31, 1981, and January 1, 1984, a new 1981 or later model American-made passenger automobile.

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Documents

1 official file

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Sources

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