Bill > HR2510

Introduced Session

To establish a voluntary program in the National Highway Traffic Safety Administration to encourage consumers to purchase or lease new automobiles made in the United States, and for other purposes. This bill 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.

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Committee Categories

Rashida Tlaib (D)*,  Veronica Escobar (D),  Ro Khanna (D),  Andy Levin (D),  Alexandria Ocasio-Cortez (D),  Ilhan Omar (D),  Ayanna Pressley (D),  Jan Schakowsky (D),  Debbie Wasserman Schultz (D), 

Referred to the Subcommittee on Consumer Protection and Commerce. (on 05/03/2019)

Official Document