Bill Title: 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 and local sales and excise taxes with respect to the purchase of certain motor vehicles.

Sponsorship: Bipartisan Bill

Status: (Introduced - Dead) 2009-01-06 - Referred to the House Committee on Ways and Means. [HB159 Detail]

Text: Latest bill text (Introduced) [PDF]

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