To amend the Internal Revenue Code of 1986 to allow a one-time, $1,500 credit against income tax for the purchase an automobile manufactured in the United States.
Consumer and Automotive Recovery Act of 2008 or the CAR Act - Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for the purchase of a U.S. manufactured motor vehicle with a gross weight rating of not more than 14,000 pounds. Limits the amount of such credit to $1,500.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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