American Cars, American Jobs Act of 2018
Latest action · Aug 1, 2018 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedAug 1, 2018
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
American Cars, American Jobs Act of 2018
This bill establishes in the National Highway Traffic Safety Administration the American Cars, American Jobs Program. Under the program, the Department of Transportation must issue vouchers of $3,500 to offset the purchase or lease price of a new automobile made in the United States if at least 45% of the automobile's parts come from the United States or Canada and assembly of the automobile occurs in the United States.
The bill amends the Internal Revenue Code to disallow a tax deduction for the global low-tax income of certain foreign subsidiaries of U.S. automakers whose profits exceed a specified percentage of their value.
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Nov 28, 2018 to Dec 5, 2018.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NH | Jeanne Shaheen | Nov 28, 2018 | |
| D-NV | Catherine Cortez Masto | Dec 5, 2018 | |
| D-HI | Mazie K. Hirono | Dec 5, 2018 | |
| D-IL | Richard J. Durbin | Dec 5, 2018 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Aug 1, 2018 |
Actions 2
Everything that happened, newest first.
- Aug 1, 2018Introduced in Senate
- Aug 1, 2018Read twice and referred to the Committee on Finance.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S7125 | Sherrod Brown D-OH | Nov 27, 2018 |
| Senate | Debate and remarks S5610 | Sherrod Brown D-OH | Aug 15, 2018 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 683 | American Cars, American Jobs Act of 2019 | Reintroduced Bill | Mar 6, 2019 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to establish a voluntary program in the National Highway Traffic Safety Administration to encourage consumers to purchase or lease new automobiles made in the United States, and for other purposes.
- Short Titles as Introduced
- American Cars, American Jobs Act of 2018
Subjects
Assigned by the Library of Congress. Policy area: Transportation and Public Works.
- Administrative law and regulatory procedures
- Buy American requirements
- Canada
- Consumer affairs
- Corporate finance and management
- Department of Transportation
- Foreign and international corporations
- Government information and archives
- Income tax deductions
- Lease and rental services
- Manufacturing
- Motor vehicles
- Retail and wholesale trades
- Taxation of foreign income
- Transportation and Public Works
- Unemployment
Text 1
Each version as it was printed, newest first.
- Aug 1, 2018Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.