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

20 January 1987

Last action

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Status

Read twice and referred to the Committee on Finance.

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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Timeline

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Votes

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Versions

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Documents

1 official file

Introduced in Senate
summary · EN · 20 January 1987
Open at official source

Related records

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Sources

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Official source: https://www.congress.gov/bill/100th-congress/senate-bill/338
Open data entity: https://api.congress.gov/v3/bill/100/s/338