HR 7531 · 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 and to provide for public disclosure of the fuel consumption rate of every new automobile.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-05-03)
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, 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