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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

American Cars, American Jobs Act of 2018

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to establish a voluntary program in the National Highway Traffic Safety Administration to encourage consumers to purchase or lease new automobiles made in the United States, and for other purposes.


Actions Overview (1)

Date
08/01/2018Introduced in Senate

All Actions (1)

Date
08/01/2018Read twice and referred to the Committee on Finance.
Action By: Senate

Cosponsors (4)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Shaheen, Jeanne [D-NH] 11/28/2018
Sen. Hirono, Mazie K. [D-HI] 12/05/2018
Sen. Durbin, Richard J. [D-IL] 12/05/2018
Sen. Cortez Masto, Catherine [D-NV] 12/05/2018

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Finance08/01/2018 Referred to

No related bill information was received for S.3324.


Latest Summary (1)

There is one summary for S.3324. View summaries

Shown Here:
Introduced in Senate (08/01/2018)

American Cars, American Jobs Act of 2018

This bill establishes in the National Highway Traffic Safety Administration the American Cars, American Jobs Program. Under the program, the Department of Transportation must issue vouchers of $3,500 to offset the purchase or lease price of a new automobile made in the United States if at least 45% of the automobile's parts come from the United States or Canada and assembly of the automobile occurs in the United States.

The bill amends the Internal Revenue Code to disallow a tax deduction for the global low-tax income of certain foreign subsidiaries of U.S. automakers whose profits exceed a specified percentage of their value.