HR 10220 · 93th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to provide for a tax on every new automobile with respect to its fuel consumption rate, to provide for public disclosure of the fuel consumption rate of every automobile, to provide funding to develop more efficient automobile engines, and for other purposes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-09-12)
Plain Language Summary
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Imposes, under the Internal Revenue Code of 1954, a tax on every new automobile manufactured, produced, or imported based upon its fuel consumption rate. Requires the public disclosure of the fuel consumption rate of every new automobile. (Adds 26 U.S.C. 4064)…
Summarized by Claude AI · Non-partisan · For informational purposes only