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H.R. 4080 (102nd): To amend the Internal Revenue Code of 1986 to allow a deduction for interest on loans used to purchase new passenger motor vehicles and small trucks made in the United States.


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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


1/3/1992--Introduced. Amends the Internal Revenue Code to allow a deduction for personal interest on loans used to purchase new passenger motor vehicles and small trucks wholly assembled in the United States.