HR 4086 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to restore the deduction for interest on indebtedness incurred to acquire a new American-made automobile.

Introduced 1992-01-03· Sponsored by Rep. Condit, Gary A. [D-CA-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1992-01-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to restore the deduction for interest on an automobile loan for indebtedness incurred after December 31, 1991 for an American-made automobile.…

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

Cosponsors (7)

6 Democrats1 Republican
Rep. Costello, Jerry F. [D-IL-21]IL
Rep. Hall, Ralph M. [D-TX-4]TX
Rep. Smith, Christopher H. [R-NJ-4]NJ
Rep. Ford, William D. [D-MI-15]MI
Rep. Hall, Tony P. [D-OH-3]OH
Rep. Lipinski, William O. [D-IL-5]IL
Del. Norton, Eleanor Holmes [D-DC-At Large]DC