HR 2194 · 94th Congress · Taxation

Automobile Purchase Tax Credit Act

Introduced 1975-01-28· Sponsored by Rep. Esch, Marvin L. [R-MI-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-01-28)

Plain Language Summary

[AI summary unavailable — showing source text] Automobile Purchase Tax Credit Act - Allows a refundable tax credit under the Internal Revenue Code of $250 for each new passenger automobile with a fuel consumption rate of at least 15 miles per gallon which is purchased during 1975 and $100 for any other new passenger automobile purchase during 1975.…

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