H.R.7303 - Consumer and Automotive Recovery Act of 2008110th Congress (2007-2008)
Summary: H.R.7303 — 110th Congress (2007-2008)
Introduced in House (11/20/2008)
Consumer and Automotive Recovery Act of 2008 or the CAR Act - Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for the purchase of a U.S. manufactured motor vehicle with a gross weight rating of not more than 14,000 pounds. Limits the amount of such credit to $1,500.