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United States · Bill · S

S. 200 (97th)

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

referredUnited States· United States Congress· EN

Introduced

22 January 1981

Last action

Status

Read second time and referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to allow a refundable income tax credit for the purchase of a model year 1979 or later highway vehicle which is manufactured in the United States and is purchased by the taxpayer after January 31, 1981 and before December 31, 1982. Limits the amount of such credit to $750 and the applicability of the credit to one highway vehicle.

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Documents

1 official file

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Sources

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