Congressman Bill Huizenga (R-MI) announced the introduction of H.R. 3191, the Made in America Motors Act. This bill establishes a new federal tax deduction on auto loan interest for American-made cars.
Create a new federal tax deduction on auto loan interest for American-made cars.
Occurrences
Evidence
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SEC. 70203, "No tax on car loan interest," amends section 163(h) to exclude qualified passenger vehicle loan interest for taxable years 2025 through 2028; the vehicle must meet U.S. final-assembly rules.
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The House passed H.R. 1, the One Big Beautiful Bill Act, by a 218-214 recorded vote on July 3, 2025.
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Public Law 119-21 enacted Sec. 70203, 'No tax on car loan interest,' applying to qualified passenger vehicle loan interest for tax years 2025-2028.
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The law excludes vehicles whose final assembly did not occur within the United States from the qualified passenger vehicle definition.
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Congress.gov lists H.R. 1 as becoming Public Law No. 119-21 on July 4, 2025, after House agreement on July 3, 2025.
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Roll Call 190 was a passed recorded vote, 218-214, on agreeing to the Senate amendment to H.R. 1; Huizenga voted Aye.
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IRS guidance says individuals may deduct interest on loans for qualified personal-use vehicles from 2025 through 2028, with final assembly in the United States required.
Assessments
The promised federal deduction was enacted in Public Law 119-21, Sec. 70203, creating a deduction for qualified passenger vehicle loan interest for tax years 2025 through 2028 and limiting eligibility to vehicles with final assembly in the United States. This directly matches the promise to create a federal auto-loan-interest deduction for American-made cars. Huizenga was serving in Congress during enactment and voted Aye on the final House passage action, so the outcome counts as delivered in the same term with credit for supporting the successful legislation.
Public Law 119-21 enacted a deduction for qualified passenger vehicle loan interest for tax years 2025 through 2028, limited to vehicles with U.S. final assembly, which matches the claim closely. The House passed the bill on July 3, 2025 and it was signed into law on July 4, 2025, so the promised policy was delivered during the same term.