H.R.2069 - Credit for New Cars Act of 2009111th Congress (2009-2010)
Summary: H.R.2069 — 111th Congress (2009-2010)
Introduced in House (04/23/2009)
Credit for New Cars Act of 2009 - Amends the Internal Revenue Code to allow a $3,000 tax credit for the purchase of a qualified motor vehicle through December 31, 2009. Defines "qualified motor vehicle" as a manufactured motor vehicle that complies with emission standards established by the Clean Air Act, that has a gross vehicle weight rating of not more than 8,500 pounds, and that is assembled in the United States. Disqualifies any vehicle that has a fair market value of $40,000 or more.