H.R. 2069 · 111th Congress
Credit for New Cars Act of 2009
- Stage
- In committee
- Sponsor
- Pete Hoekstra
- Introduced
- 2009-04-23
- Latest action
- 2009-04-23 · Introduced in House
Summary
Credit for New Cars Act of 2009 - Amends the Internal Revenue Code to allow a $3,000 tax credit for the purchase of a qualified motor vehicle through December 31, 2009. Defines "qualified motor vehicle" as a manufactured motor vehicle that complies with emission standards established by the Clean Air Act, that has a gross vehicle weight rating of not more than 8,500 pounds, and that is assembled in the United States. Disqualifies any vehicle that has a fair market value of $40,000 or more.