6
6
6
To amend the Internal Revenue Code of 1986 to exclude automobiles from being treated as collectibles for purposes of capital gains tax, and for other purposes.
2/14/2026, 9:06 AM
Summary of Bill HR 7582
This bill, designated as H.R. 7582 in the 119th Congress and introduced on February 13, 2026, aims to amend the Internal Revenue Code of 1986. Specifically, the bill seeks to exclude automobiles from being categorized as collectibles for capital gains tax purposes.
Current Status of Bill HR 7582
Bill HR 7582 is currently in the status of Bill Introduced since February 13, 2026. Bill HR 7582 was introduced during Congress 119 and was introduced to the House on February 13, 2026. Bill HR 7582's most recent activity was Referred to the House Committee on Ways and Means. as of February 13, 2026
Bipartisan Support of Bill HR 7582
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7582
Primary Policy Focus
Alternate Title(s) of Bill HR 7582
To amend the Internal Revenue Code of 1986 to exclude automobiles from being treated as collectibles for purposes of capital gains tax, and for other purposes.
To amend the Internal Revenue Code of 1986 to exclude automobiles from being treated as collectibles for purposes of capital gains tax, and for other purposes.
Comments
Mustafa Joyce
614
17 days ago
I support excluding automobiles from capital gains tax. It will benefit taxpayers in the long run.
Sponsors and Cosponsors of HR 7582
Latest Bills
Made in America Jobs Act of 2026
Bill HR 7342March 6, 2026
BRUSH Fires Act
Bill HR 3553March 6, 2026
Agency Wide Resource Synchronization and Enterprise Network for Authoritative Logistics Act of 2026
Bill HR 7771March 6, 2026
No Immunity for Glyphosate Act
Bill HR 7601March 6, 2026
Expressing support for the designation of March 3, 2026, as "National Triple-Negative Breast Cancer Day".
Bill HRES 1098March 6, 2026
Housing for the 21st Century Act
Bill HR 6644March 6, 2026
Making further consolidated appropriations for the fiscal year ending September 30, 2026, and for other purposes.
Bill HR 7147March 6, 2026
A resolution expressing support for the designation of March 2026 as "Music in Our Schools Month".
Bill SRES 628March 6, 2026
A bill to reauthorize programs relating to oral health promotion and disease prevention.
Bill S 4008March 6, 2026
A resolution designating March 5, 2026, as "National Slam the Scam Day" to raise awareness about pervasive scams and to prevent government imposter scams and other types of scams by promoting education about such scams.
Bill SRES 627March 6, 2026