Introduced
H. R. 7582
Introduced in House · March 10, 2026February 13, 2026
Mr. Perry introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Collector Automobile Relief Act” or the “CAR Act”.