US HB4897 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on March 21 2010 - 25% progression, died in committee
Action: 2010-03-21 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 21 2010 - 25% progression, died in committee
Action: 2010-03-21 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Drivers Accelerated Interest Deductibility Act of 2010 or the Drivers AID Act - Amends the Internal Revenue Code to allow a deduction from gross income of up to $5,000 for interest paid for the purchase of certain new automobiles or light trucks during periods when the national unemployment rate is 7% or greater.
Title
Drivers Accelerated Interest Deductibility Act of 2010
Sponsors
| Rep. Corrine Brown [D-FL] | Rep. Sheila Jackson-Lee [D-TX] | Rep. Laura Richardson [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-21 | Referred to the House Committee on Ways and Means. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/4897/all-info |
| Text | https://www.congress.gov/111/bills/hr4897/BILLS-111hr4897ih.pdf |
