legislation: 108-hr-4931

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
108-hr-4931 108 hr 4931 Intelligent Vehicle Highway Safety Act of 2004 Taxation 2004-07-22 2004-07-22 Referred to the House Committee on Ways and Means. House Rep. Crane, Philip M. [R-IL-8] IL R C000873 3 Intelligent Vehicle Highway Safety Act of 2004 - Amends the Internal Revenue Code to allow a deduction from gross income for the cost, up to $1,000, of qualified intelligent vehicle systems property. Defines "qualified intelligent systems property" as any device installed by a motor vehicle manufacturer to enhance the safety or security of a driver, passenger, or load by, among other things, warning or informing a driver of dangerous driving conditions or by actively monitoring and adjusting driver workload. Terminates the deduction after 2010. Exempts intelligent vehicle systems properties from the first $5,000 of the excise tax on heavy trucks and trailers sold at retail. 2023-01-14T22:48:19Z  

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