Bill · H.R. 3191· House(119-HR-3191)
Made in America Motors Act
- Introduced
- 5/5/2025
- Last activity
- 5/5/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Bill Huizenga
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
The "Made in America Motors Act" amends the Internal Revenue Code of 1986 to create a new tax deduction. Individuals can deduct interest paid on qualified motor vehicle loans. This is an above-the-line deduction, meaning it is available whether or not the person itemizes other deductions. The deduction is capped at $2,500 and applies to vehicles that meet specific criteria, including final assembly within the United States. The amendments apply to taxable years beginning after December 31, 2025.
Yes· 3 of 15
Would middle-income households be better off under this?+4
Provides a direct tax saving for middle-class families financing US-made vehicles.
Would people in middle age be better off under this?+3
Middle-aged adults are primary vehicle purchasers and can utilize the tax deduction.
Does this cut taxes for middle-income families?+3
Provides an above-the-line tax deduction of up to $2,500 for qualified motor vehicle loan interest.
The opposite
Does this make trade with other countries easier?-2
Creates a protectionist incentive favoring US-assembled vehicles over foreign imports.
Does this reduce what the federal government owes?-1
Creating a new tax deduction typically reduces federal tax revenue, potentially increasing the deficit.
Does this make the government pay for what it commits to?-1
Adds a new tax expenditure without an identified funding source.
Who it would affect, and how
Potential Positive Impacts for People
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Tax Savings for Vehicle Buyers: Individuals can receive a deduction for interest paid on qualified motor vehicle loans, which can reduce their taxable income by up to $2,500 (SEC. 2(a) and (b)).
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Accessibility for Non-Itemizers: Because the deduction is added to section 62(a) of the Code, individuals can claim it regardless of whether they itemize other deductions (SEC. 2(b)).
Potential Negative Impacts for People
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Restrictions on Vehicle Type: The benefit is only available for vehicles with at least 4 wheels and a gross vehicle weight rating of less than 14,000 pounds, excluding those operated exclusively on rail (SEC. 2(e)(1) and (2)).
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Domestic Assembly Requirement: The deduction is limited to vehicles where the final assembly occurs within the United States, meaning those who buy vehicles assembled elsewhere cannot benefit (SEC. 2(e)(4)).
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Time and Benefit Limits: The deduction only applies to indebtedness incurred on or after January 1, 2025 (SEC. 2(d)(1)), and is capped at a maximum of $2,500 (SEC. 2(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Middle Class Households+4Good For Middle Aged+3Good For High Income Households+2Good For Low Income Households+2Good For Union Workers+2Good For Young Adults+2Good For Billionaires+1Good For High Net Worth Individuals+1Good For Retirees+1Good For Seniors+1Good For Ultra High Net Worth Individuals+1
- Economy And Finance
- Reduces Middle Class Taxes+3Improves Economic Growth+2Increases Job Creation+2Improves Fiscal Responsibility-1Reduces National Debt-1
- National Security And Foreign Policy
- Improves International Trade-2
- Social Issues And Justice
- Improves Poverty Reduction+1
- 5/5/2025
- Referred to the House Committee on Ways and Means.
- Introduced in House