Introduced
S. 1653
Introduced in Senate · May 20, 2025May 7, 2025
Mr. Moreno introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to allow a deduction for qualified automobile interest.
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 “United States Automobile Consumer Assistance and Relief Act” or the “USA CAR Act”.