HR 7303 · 110th Congress · Taxation
CAR Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2008-11-20)
Plain Language Summary
[AI summary unavailable — showing source text]
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.…
Summarized by Claude AI · Non-partisan · For informational purposes only