Transportation Freedom Act

Hozzl · 2025-03-21T04:08:30Z

Explore the details of Senate Bill 711 Transportation Freedom Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

3/21/2025, 4:08 AM

Summary of Bill S 711

Bill 119 s 711, also known as the "Enhanced Deduction for Automobile Manufacturing Workers Act," aims to make changes to the Internal Revenue Code of 1986 in order to provide a special tax deduction for wages paid to workers in the automobile manufacturing industry. The bill seeks to incentivize companies in this sector to hire and retain employees by offering them a tax break for the wages they pay to these workers.

The proposed legislation is designed to support the automobile manufacturing industry, which plays a significant role in the US economy. By providing a tax deduction for wages paid to workers in this sector, the bill aims to encourage companies to invest in their workforce and create more job opportunities for individuals in this field.

In addition to the enhanced deduction for wages, the bill also includes provisions for other purposes related to the automobile manufacturing industry. While the specifics of these additional purposes are not outlined in the summary, it is clear that the overall goal of the legislation is to support and strengthen this important sector of the economy. Overall, Bill 119 s 711 seeks to promote growth and stability in the automobile manufacturing industry by providing tax incentives for companies to invest in their workforce. If passed, this legislation could have a positive impact on both businesses and workers in this sector.

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Current Status of Bill S 711

Bill S 711 is currently in the status of Bill Introduced since February 25, 2025. Bill S 711 was introduced during Congress 119 and was introduced to the Senate on February 25, 2025. Bill S 711's most recent activity was Read twice and referred to the Committee on Finance. as of February 25, 2025

Bipartisan Support of Bill S 711

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill S 711

Primary Policy Focus

Alternate Title(s) of Bill S 711

A bill to amend the Internal Revenue Code of 1986 to establish an enhanced deduction for wages paid to automobile manufacturing workers, and for other purposes.A bill to amend the Internal Revenue Code of 1986 to establish an enhanced deduction for wages paid to automobile manufacturing workers, and for other purposes.

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