Summary: H.R.6441 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.6441. Bill summaries are authored by CRS.

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Introduced in House (07/08/2008)

Energy Efficient and Environmentally Friendly Automobile Tax Credit Act of 2008 - Amends the Internal Revenue Code to allow individual and business taxpayers: (1) a tax credit for up to $2,000 of the cost of replacing a passenger automobile with another passenger automobile that is at least 20% more fuel efficient; and (2) tax deductions for state and local taxes and loan interest for the replacement automobile.