A bill to allow homeowners to deduct the full amount of prepaid interest paid in connection with the refinancing of their principal residence for the taxable year in which paid.

referredUnited States· United States Congress· EN

Introduced

3 June 1986

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to allow homeowners to deduct the full amount of prepaid interest in connection with the refinancing of their principal residences for the taxable year in which paid.

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 3 June 1986
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/house-bill/4918
Open data entity: https://api.congress.gov/v3/bill/99/hr/4918