US Congress Senate Bill 683 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on March 6 2019 - 25% progression, died in committee
Action: 2019-03-06 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

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.

American Cars, American Jobs Act of 2019

Sen. Sherrod Brown [D-OH]

Sen. Catherine Cortez Masto [D-NV]

Sen. Richard Durbin [D-IL]

Date	Chamber	Action
2019-03-06	Senate	Read twice and referred to the Committee on Finance.

HB2510 (Same As) 2019-05-03 - Referred to the Subcommittee on Consumer Protection and Commerce.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/683/all-info
Text	https://www.congress.gov/116/bills/s683/BILLS-116s683is.pdf