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.

Introduced

8 January 1987

Last action

8 January 1987 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Boehlert, Sherwood [R-NY-24], Rep. Stallings, Richard H. [D-ID-2], Rep. Martin, David O'B. [R-NY-26], Rep. Johnson, Nancy L. [R-CT-5], Sen. Mack, Connie, III [R-FL], Rep. Collins, Cardiss [D-IL-7], Rep. Eckart, Dennis E. [D-OH-11], Rep. Hopkins, Larry J. [R-KY-6], Rep. Dicks, Norman D. [D-WA-6], Rep. Wortley, George C. [R-NY-27], Rep. Weber, Vin [R-MN-2], Rep. Slattery, Jim [D-KS-2], Rep. Bentley, Helen Delich [R-MD-2], Rep. Murphy, Austin J. [D-PA-20], Rep. DioGuardi, Joseph J. [R-NY-20], Rep. Tauke, Thomas Joseph [R-IA-2], Sen. Roberts, Pat [R-KS], Rep. Smith, Lawrence [D-FL-16], Rep. Rinaldo, Matthew J. [R-NJ-7], Rep. Penny, Timothy J. [D-MN-1], Rep. Roe, Robert A. [D-NJ-8], Rep. Daub, Hal [R-NE-2], Rep. Porter, John Edward [R-IL-10], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. McKinney, Stewart B. [R-CT-4], Rep. Morrison, Bruce A. [D-CT-3], Rep. Fazio, Vic [D-CA-3], Rep. Bustamante, Albert G. [D-TX-23], Rep. McGrath, Raymond J. [R-NY-5], Rep. Saxton, Jim [R-NJ-3], Rep. Kasich, John R. [R-OH-12], Rep. Sensenbrenner, F. James, Jr. [R-WI-5], Rep. Young, C. W. Bill [R-FL-13], Rep. Henry, Paul B. [R-MI-5], Rep. Pashayan, Charles, Jr. [R-CA-17], Rep. Daniel, W. C. (Dan) [D-VA-5], Rep. Montgomery, G. V. (Sonny) [D-MS-3], Rep. Wilson, Charles [D-TX-2], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Lipinski, William O. [D-IL-3], Rep. Bevill, Tom [D-AL-4], Rep. Jones, Walter B. [D-NC-1], Rep. Neal, Stephen L. [D-NC-5], Rep. Nichols, Bill [D-AL-3], Rep. Luken, Thomas A. [D-OH-1], Rep. Wolf, Frank R. [R-VA-10], Rep. Spence, Floyd [R-SC-2], Rep. Atkins, Chester G. [D-MA-5]

Subjects

Taxation

Source updated

7 February 2024