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H.R. 3756

BillFederalHouseIn Committee
Drivers AID Act
About This Bill
Committee
Latest Action · December 20, 2011
Referred to the House Committee on Ways and Means.
Congress
112th (2011–2013)
Introduced
December 20, 2011
Cosponsors (0)
None
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Summary

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Drivers Accelerated Interest Deductibility Act of 2011 or the Drivers AID Act - Amends the Internal Revenue Code to allow a deduction from gross income of up to $5,000 for interest paid for the purchase of certain new automobiles or light trucks during periods when the average national unemployment rate is not less than 7%.

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