I 
119TH CONGRESS 
1ST SESSION H. R. 3570 
To amend the Internal Revenue Code of 1986 to allow a deduction for 
qualified automobile interest. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 21, 2025 
Mr. TAYLOR introduced the following bill; which was referred to the 
Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to allow a 
deduction for qualified automobile interest. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘United States Auto-
mobile Consumer Assistance and Relief Act’’ or the ‘‘USA 
CAR Act’’. 
SEC. 2. DEDUCTION FOR QUALIFIED AUTOMOBILE INTER-
EST. 
(a) IN GENERAL.—Section 163(h)(2) of the Internal 
Revenue Code of 1986 is amended by striking ‘‘and’’ at 
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the end of subparagraph (E), by striking the period at 
the end of subparagraph (F) and inserting ‘‘, and’’, and 
by adding at the end the following new subparagraph: 
‘‘(G) any qualified automobile interest (as 
defined in paragraph (5)).’’. 
(b) QUALIFIED AUTOMOBILE INTEREST.—Section 
163(h) is amended by adding at the end the following new 
paragraph: 
‘‘(5) QUALIFIED AUTOMOBILE INTEREST.—For 
purposes of this subsection— 
‘‘(A) IN
GENERAL.—The term ‘qualified 
automobile interest’ means any interest which is 
paid or accrued during the taxable year on in-
debtedness which— 
‘‘(i) is incurred on or after January 1, 
2025, 
‘‘(ii) is incurred in acquiring a quali-
fied automobile, and 
‘‘(iii) is secured by such automobile. 
‘‘(B) QUALIFIED AUTOMOBILE.— 
‘‘(i) IN GENERAL.—The term ‘quali-
fied automobile’ means an automobile 
(within the mean of section 2 of the Auto-
mobile Information Disclosure Act (15 
U.S.C. 1231)) which is made by a manu-
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facturer (within the meaning of section 2 
of such Act) the final assembly of which 
occurs within the United States. 
‘‘(ii) FINAL
ASSEMBLY.—The term 
‘final assembly’ means the process by 
which a manufacturer produced an auto-
mobile at, or through the use of, a plant, 
factory, or other place from which the 
automobile is delivered to a dealer with all 
component parts necessary for the mechan-
ical operation of the automobile included 
with the automobile, whether or not the 
component parts are permanently installed 
in or on the automobile.’’. 
(c) DEDUCTION ALLOWED ABOVE-THE-LINE.—Sec-
tion 62(a) of the Internal Revenue Code of 1986 is amend-
ed by inserting after paragraph (21) the following new 
paragraph: 
‘‘(22) In the case of a taxpayer other than a 
corporation, so much of the deduction allowed under 
section 163 which is attributable to qualified auto-
mobile interest (as defined in section 163(h)(5)).’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to amounts paid or accrued on in-
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debtedness incurred on or after the date of the enactment 
of this Act. 
Æ 
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