HR 4131 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow a deduction for interest on any loan used to purchase a new American-made highway vehicle.

Introduced 1992-01-28· Sponsored by Rep. Sarpalius, Bill [D-TX-13]· 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 allow a deduction for interest on indebtedness secured by a domestically-manufactured highway vehicle acquired after December 31, 1991.…

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

Cosponsors (9)

7 Democrats2 Republicans