H.R. 7303 · 110th Congress
CAR Act
- Stage
- In committee
- Sponsor
- Louie Gohmert
- Introduced
- 2008-11-20
- Latest action
- 2008-11-20 · Introduced in House
Summary
Consumer and Automotive Recovery Act of 2008 or the CAR Act - Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for the purchase of a U.S. manufactured motor vehicle with a gross weight rating of not more than 14,000 pounds. Limits the amount of such credit to $1,500.