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Made in America Motors Act

5/14/2025, 4:23 AM

Summary of Bill HR 3191

This bill, titled "To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for qualified motor vehicle interest, and for other purposes," was introduced in the 119th Congress on May 5, 2025, as H.R. 3191. The bill aims to modify the tax code by permitting an above-the-line deduction for qualified motor vehicle interest.

Current Status of Bill HR 3191

Bill HR 3191 is currently in the status of Bill Introduced since May 5, 2025. Bill HR 3191 was introduced during Congress 119 and was introduced to the House on May 5, 2025.  Bill HR 3191's most recent activity was Referred to the House Committee on Ways and Means. as of May 5, 2025

Bipartisan Support of Bill HR 3191

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3191

Primary Policy Focus

Alternate Title(s) of Bill HR 3191

To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for qualified motor vehicle interest, and for other purposes.
To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for qualified motor vehicle interest, and for other purposes.

Comments

Estrella Conrad profile image

Estrella Conrad

616

9 months ago

I don't like this bill, it's gonna make things worse for us. It's gonna hurt our wallets in the long run.