HR 4866 · 94th Congress · Automobile industry

Automobile Efficiency Tax Incentive Act

Introduced 1975-03-13· Sponsored by Rep. Myers, Gary A. [R-PA-25]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-03-13)

Plain Language Summary

[AI summary unavailable — showing source text] Automobile Efficiency Tax Incentive Act - Provides that the investment tax credit allowed under the Internal Revenue Code for automobile manufacturers shall be directly proportional to the production of passenger automobiles by such manufacturers with fuel consumption rates of 20 miles per gallon or more.…

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