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USA CAR Act

In committee: it can still change before the session ends.

US HR 2981 · House Bill · 119th Congress

Stage: In committee
Started in: House
Sponsor: 1
Latest action: Apr 21, 2025

What it does

The USA CAR Act would allow taxpayers to deduct interest paid on loans used to purchase automobiles that are finally assembled in the United States.

No official summary is available here. This one was written by AI from the bill’s text.

Read the full text Read it on the official site

Where it stands

Introduced (Done)
Apr 21, 2025
Committee (Current step)
In committee · Apr 21, 2025
Floor (Not started)
Law (Not started)

What moved

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

David TaylorSponsor

Where it goes next

While a bill can still move, the questions are about people and money.

Who sits in the seats that vote on itA roster is not a certified tally, and a filing is not a place on the ballot.
Who funds the people decidingA receipt is not backing. A contribution does not establish a policy motive.
Who is paid to be heardNaming an institution is the filer's account, not a record of any meeting.

Work with this bill

USA CAR Act | 52