H.R. 4135 (98th): A bill to amend the Internal Revenue Code of 1954 to limit the amount of depreciation and investment tax credit allowable for luxury automobiles.

Introduced:
Oct 06, 1983 (98th Congress, 1983–1984)
Status:
Died (Referred to Committee) in a previous session of Congress
See Instead:

S. 2231 (same title)
Referred to Committee — Jan 30, 1984

This bill was introduced on October 6, 1983, in a previous session of Congress, but was not enacted.

Introduced
Oct 06, 1983
 
Sponsor
Fortney “Pete” Stark
Representative for California's 9th congressional district
Party
Democrat
Related Bills
S. 2231 (identical)

Referred to Committee
Last Action: Jan 30, 1984

H.R. 4170 (Related)
Deficit Reduction Act of 1984

Signed by the President
Jul 18, 1984

 
Summary

No summaries available.

 
Cosponsors
5 cosponsors (4D, 1R) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


10/6/1983--Introduced.
Amends the Internal Revenue Code to limit the basis of passenger automobiles to $15,000 for purposes of determining the amount of depreciation and investment tax credit allowable. Allows for an automobile price inflation adjustment (if required) for the calendar year in which the automobile is placed in service.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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