Summary: H.R.7303 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.7303. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/20/2008)

Consumer and Automotive Recovery Act of 2008 or the CAR Act - Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for the purchase of a U.S. manufactured motor vehicle with a gross weight rating of not more than 14,000 pounds. Limits the amount of such credit to $1,500.