HR 8672 · 119th Congress

To amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles.

This bill makes a change to tax law that allows people to deduct the interest they pay on loans for certain recreational vehicles, similar to how homeowners can deduct mortgage interest. Currently, you generally can't deduct interest on vehicle loans, but this bill creates an exception for recreational vehicles like…

Sponsor

Yakym, Rudy (R-Indiana)

Introduced

2026-05-07

Policy area

Taxation