US HB2510 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on May 2 2019 - 25% progression, died in committee
Action: 2019-05-03 - Referred to the Subcommittee on Consumer Protection and Commerce.
Pending: House Consumer Protection and Commerce Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 2 2019 - 25% progression, died in committee
Action: 2019-05-03 - Referred to the Subcommittee on Consumer Protection and Commerce.
Pending: House Consumer Protection and Commerce Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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 amount of the voucher for new qualified plug-in electric drive motor vehicles is $4,500. 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.
Title
American Cars, American Jobs Act of 2019
Sponsors
Rep. Rashida Tlaib [D-MI] | Rep. Ro Khanna [D-CA] | Rep. Alexandria Ocasio-Cortez [D-NY] | Rep. Andy Levin [D-MI] |
Rep. Debbie Wasserman Schultz [D-FL] | Rep. Ilhan Omar [D-MN] | Rep. Ayanna Pressley [D-MA] | Rep. Janice Schakowsky [D-IL] |
Rep. Veronica Escobar [D-TX] |
History
Date | Chamber | Action |
---|---|---|
2019-05-03 | House | Referred to the Subcommittee on Consumer Protection and Commerce. |
2019-05-02 | House | Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
2019-05-02 | House | Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. |
2019-05-02 | House | Introduced in House |
Same As/Similar To
SB683 (Same As) 2019-03-06 - Read twice and referred to the Committee on Finance.
Subjects
Administrative law and regulatory procedures
Buy American requirements
Canada
Consumer affairs
Corporate finance and management
Department of Transportation
Foreign and international corporations
Government information and archives
Income tax deductions
Lease and rental services
Manufacturing
Motor vehicles
Retail and wholesale trades
Taxation of foreign income
Transportation and public works
Unemployment
Buy American requirements
Canada
Consumer affairs
Corporate finance and management
Department of Transportation
Foreign and international corporations
Government information and archives
Income tax deductions
Lease and rental services
Manufacturing
Motor vehicles
Retail and wholesale trades
Taxation of foreign income
Transportation and public works
Unemployment
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/2510/all-info |
Text | https://www.congress.gov/116/bills/hr2510/BILLS-116hr2510ih.pdf |