S. 333 · 111th Congress

A bill 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 sales and excise taxes with respect to the purchase of certain motor vehicles.

Stage
In committee
Introduced
2009-01-27
Latest action
2009-01-27 · Introduced in Senate

Subjects

Income tax deductions
Motor vehicles
Sales and excise taxes
Taxation
State and local taxation
Consumer credit
Interest, dividends, interest rates