A bill to amend the Internal Revenue Code of 1986 to permit homeowners to deduct points incurred in connection with the purchase, improvement, or refinancing of a residence.

referredUnited States· United States Congress· EN

Introduced

21 January 1987

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 · 21 January 1987
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/100th-congress/house-bill/667
Open data entity: https://api.congress.gov/v3/bill/100/hr/667