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United States · Bill · HR

H.R. 5673 (93rd)

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

referredUnited States· United States Congress· EN

Introduced

15 March 1973

Last action

—

Status

Referred to House Committee on Ways and Means..

Sponsors

—

Subjects

Discovery layer

Source updated

1 August 2024

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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)

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Documents

1 official file

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