A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of certain motor vehicle dealer transitional assistance.

Fact Sheet API

Bill Number

S 1305

Introduced

Jun 20, 2003

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8303)

Sponsor

Cosponsors

Topics

Automobile industry Automobile repair Capital gains tax Commerce Compensation (Law) Contracts Income tax Law Limitation of actions Retail trade Tax exclusion Tax returns Taxation Transportation and Public Works

Full Text

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Votes

Summary

Amends the Internal Revenue Code to provide for the treatment of motor vehicle dealer transitional assistance with respect to a motor vehicle dealer who was a party to a motor vehicle sales and service agreement with a motor vehicle manufacturer who announced in December 2000 that it would phase-out the motor vehicle brand to which such agreement relates.

Actions

Jun 20, 2003

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S8303)
Jun 20, 2003

Sponsor introductory remarks on measure. (CR S8302-8303)
Jun 20, 2003

Introduced in Senate

Amendments

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