H.R. 385 · 111th Congress
CAR Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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RogersSponsor24 cosponsors · 5 D, 19 R
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Aderholt
SB
R
Bachus
JB
R
Bonner
EC
R
Cantor
JC
R
Campbell
AD
D
Davis
TM
R
McCotter
BP
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Pascrell
PT
R
Tiberi
LW
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Westmoreland
PG
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Griffith
CM
R
Miller
MR
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Rogers
PH
R
Hoekstra
DY
R
Young
IR
R
Ros-Lehtinen
RB
R
Bartlett
SL
R
LaTourette
SM
R
Myrick
BB
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Bright
BM
R
McKeon
BP
R
Posey
BG
D
Gordon
MT
R
Turner10 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Consumer Auto Relief Act of 2009 or the CAR Act of 2009 - Amends the Internal Revenue Code to allow individual taxpayers a tax deduction for: (1) up to $7,500 of the purchase price of a new passenger automobile or light truck that is purchased in 2009; (2) interest paid on any loan to purchase such vehicles; and (3) state and local sales taxes paid on a…
What it does: CRS summary · Introduced in House · Jan 9, 2009
Consumer Auto Relief Act of 2009 or the CAR Act of 2009 - Amends the Internal Revenue Code to allow individual taxpayers a tax deduction for: (1) up to $7,500 of the purchase price of a new passenger automobile or light truck that is purchased in 2009; (2) interest paid on any loan to purchase such vehicles; and (3) state and local sales taxes paid on a vehicle purchase. Excludes from the gross income of lenders 50% of the interest paid on any consumer loan for the purchase of a new passenger automobile or light truck.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: CAR Act of 2009
Also known as: Consumer Auto Relief Act of 2009
Latest action (Jan 9, 2009): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jan 9, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.