United States · Bill · HR
H.R. 1779 (100th)
Residential Lot Interest Expense Conforming Act of 1987
Introduced
25 March 1987
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
28 August 2025
Summary
Residential Lot Interest Expense Conforming Act of 1987 - Amends the Internal Revenue Code to treat a residential lot as a qualified residence for the purpose of the mortgage interest income tax deductions when the taxpayer has purchased such lot for the purpose of building a dwelling unit. Provides for recapture if the lot is used in a trade or business or held for investment.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 25 March 1987
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/100th-congress/house-bill/1779
- Open data entity: https://api.congress.gov/v3/bill/100/hr/1779