Summary: H.R.2208 — 97th Congress (1981-1982)All Information (Except Text)

There is one summary for H.R.2208. Bill summaries are authored by CRS.

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Introduced in House (02/26/1981)

Amends the Internal Revenue Code to allow individual taxpayers a refundable income tax credit for the purchase of a new automobile during a specified time period. Limits the amount of such credit to the lesser of ten percent of the cost of such vehicle or $1,000.