A bill to amend the Internal Revenue Code of 1954 to provide a credit against income tax for up to $750 of the cost of purchasing a new highway vehicle.

Summary

Amends the Internal Revenue Code to allow an income tax credit for the purchase of a model year 1981 or later highway vehicle which is manufactured in the United States and is purchased by the taxpayer after May 31, 1982, and before June 1, 1983. Limits the amount of such credit to $500 or $750 in the case of a certified high fuel efficiency vehicle.

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Timeline

1. 6 April 1982

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 6 April 1982

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 April 1982

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 6 April 1982

  Open at official source

Sponsors

• Rep. Solomon, Gerald B. H. [R-NY-22] · R · Sponsor
• Rep. McGrath, Raymond J. [R-NY-5] · R · Sponsor
• Rep. Porter, John Edward [R-IL-10] · R · Sponsor
• Rep. Albosta, Donald J. [D-MI-10] · D · Sponsor
• Rep. Crockett, George W., Jr. [D-MI-13] · D · Sponsor
• Rep. Eckart, Dennis E. [D-OH-11] · D · Sponsor
• · hswm00 · Standing

Related records

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