HR 4080 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow a deduction for interest on loans used to purchase new passenger motor vehicles and small trucks made in the United States.

Introduced 1992-01-03· Sponsored by Rep. Wylie, Chalmers P. [R-OH-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1992-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a deduction for personal interest on loans used to purchase new passenger motor vehicles and small trucks wholly assembled in the United States.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (16)

3 Democrats13 Republicans
Rep. Gonzalez, Henry B. [D-TX-20]TX
Rep. Broomfield, William S. [R-MI-18]MI
Rep. Johnson, Sam [R-TX-3]TX
Rep. Goodling, William F. [R-PA-19]PA
Rep. McEwen, Bob [R-OH-6]OH
Rep. Hyde, Henry J. [R-IL-6]IL
Rep. Martinez, Matthew G. [D-CA-30]CA
Rep. Lent, Norman F. [R-NY-4]NY
Rep. Smith, Christopher H. [R-NJ-4]NJ
Rep. Horton, Frank J. [R-NY-29]NY
Rep. Emerson, Bill [R-MO-8]MO
Rep. Sensenbrenner, F. James, Jr. [R-WI-9]WI
Rep. Ford, Harold E. [D-TN-9]TN
Rep. Gallegly, Elton [R-CA-21]CA
Rep. Weldon, Curt [R-PA-7]PA
Rep. Solomon, Gerald B. H. [R-NY-24]NY