H.R. 7273 · 110th Congress

To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction against individual income tax for interest on indebtedness and for State and local sales and excise taxes with respect to the purchase of certain motor vehicles.

Stage
In committee
Introduced
2008-11-19
Latest action
2008-11-19 · Introduced in House

Subjects

Taxation
Commerce
Consumer credit
Government Operations and Politics
Finance and Financial Sector
Income tax
Tax deductions
Transportation and Public Works
Automobiles
Local taxation
State taxation
Excise tax
Interest
Sales tax