H.R. 5579 · 109th Congress
No Special Tax Subsidies for Gas Guzzlers Act of 2006
- Stage
- In committee
- Sponsor
- Ed Markey
- Introduced
- 2006-06-09
- Latest action
- 2006-06-09 · Introduced in House
Summary
No Special Tax Subsidies for Gas Guzzlers Act of 2006 - Amends the Internal Revenue Code to impose: (1) depreciation limits applicable to luxury automobiles on certain heavy vehicles (rated at 8,500 pounds gross vehicle weight or less) and sport utility vehicles; and (2) the gas guzzler excise tax on such heavy vehicles and sport utility vehicles.