H.R. 100 · 111th Congress

Commonsense Auto Recovery Act of 2009

Stage
In committee
Introduced
2009-01-06
Latest action
2009-01-06 · Introduced in House

Summary

Commonsense Auto Recovery Act of 2009 - Amends the Internal Revenue Code to allow individuals and small employers a tax credit for state and local sales taxes paid on the purchase of a passenger motor vehicle (not more than two axles) the purchase price of which does not exceed $50,000. Terminates such credit after 2010.