To amend the Internal Revenue Code of 1986 to make permanent the deduction for expensing certain depreciable business assets and to allow a deduction for the original purchase of domestically manufactured automobiles.

3.0.0 7298 2018-11-08T23:38:00Z 2018-11-08T23:38:00Z House H HR 2008-11-20 110 hswm00 Ways and Means Committee House Standing Referred to 2008-11-20T15:02:00Z 2008-11-20 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2008-11-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-11-20 Introduced in House IntroReferral 1000 9 Library of Congress L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 N P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 2008-11-20 True F000450 Rep. Foxx, Virginia [R-NC-5] Virginia Foxx R NC 5 2008-11-20 True P000373 Rep. Pitts, Joseph R. [R-PA-16] JOSEPH PITTS R PA R. 16 2008-12-10 False B000208 Rep. Bartlett, Roscoe G. [R-MD-6] ROSCOE BARTLETT R MD G. 6 2008-12-10 False L000566 Rep. Latta, Robert E. [R-OH-5] Robert Latta R OH E. 5 2008-12-10 False W000119 Rep. Wamp, Zach [R-TN-3] ZACH WAMP R TN 3 2008-12-10 False P000592 Rep. Poe, Ted [R-TX-2] Ted Poe R TX 2 2008-12-10 False B001262 Rep. Broun, Paul C. [R-GA-10] Paul Broun R GA C. 10 2008-12-10 False G000550 Rep. Gingrey, Phil [R-GA-11] Phil Gingrey R GA 11 2008-12-10 False B001243 Rep. Blackburn, Marsha [R-TN-7] Marsha Blackburn R TN 7 2008-12-10 False G000552 Rep. Gohmert, Louie [R-TX-1] Louie Gohmert R TX 1 2008-12-10 False I000056 Rep. Issa, Darrell E. [R-CA-49] DARRELL ISSA R CA E. 49 2008-12-10 False W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2008-12-10 False B001149 Rep. Burton, Dan [R-IN-5] DAN BURTON R IN 5 2008-12-10 False W000804 Rep. Wittman, Robert J. [R-VA-1] Robert Wittman R VA J. 1 2008-12-10 False Taxation Business investment and capital Buy American requirements Income tax deductions Motor vehicles Taxation

00 2008-11-20 Introduced in House 2008-12-19T20:16:54Z Amends the Internal Revenue Code to: (1) increase and make permanent the expensing allowance for depreciable business assets; and (2) allow a tax deduction, up to $10,000, for the purchase of a motor vehicle manufactured in the United States. Terminates such tax deduction after 2010.

]]>

To amend the Internal Revenue Code of 1986 to make permanent the deduction for expensing certain depreciable business assets and to allow a deduction for the original purchase of domestically manufactured automobiles. Display Title To amend the Internal Revenue Code of 1986 to make permanent the deduction for expensing certain depreciable business assets and to allow a deduction for the original purchase of domestically manufactured automobiles. Official Title as Introduced To amend the Internal Revenue Code of 1986 to make permanent the deduction for expensing certain depreciable business assets and to allow a deduction for the original purchase of domestically manufactured automobiles. Introduced in House 2008-11-20T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr7298ih/xml/BILLS-110hr7298ih.xml 2008-11-20 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.