S 674 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a refundable credit against income tax for $750 of the cost of purchasing a qualified American-made automobile or light truck.

Introduced 1981-03-10· Sponsored by Sen. Quayle, Dan [R-IN]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1981-03-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide a refundable income tax credit for $750 of the cost of a model year 1980 or later American-made automobile or light truck.…

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