This legislative proposal, titled the Collector Automobile Relief Act, seeks to amend the Internal Revenue Code of 1986. Its primary objective is to exclude automobiles from being treated as collectibles for capital gains tax purposes, which currently subjects them to a higher maximum tax rate. This change would ensure that profits from automobile sales are no longer subject to the elevated tax rate typically applied to other collectibles. The bill specifically modifies Section 1(h)(5)(A) of the Internal Revenue Code to implement this exclusion, with the new provisions taking effect for all taxable years beginning after December 31, 2025.