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HR 1702 112th Congress House Taxation Housing finance and home ownership Income tax deductions Marine and inland water transportation Motor vehicles

Ending Taxpayer Subsidies for Yachts Act

Introduced: May 3, 2011 Introduced by: Quigley, Mike Democratic · Illinois See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 3, 2011
Referred to the House Committee on Ways and Means.
May 3, 2011
Introduced in House
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 Plain-English summary Congressional Research Service

Ending Taxpayer Subsidies for Yachts Act - Amends the Internal Revenue Code to deny a tax deduction for interest paid on a mortgage for a second residence of a taxpayer if that residence is a boat.

What's happening now May 3, 2011

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1
D
Peters, Gary C.
Michigan · May 3, 2011
Walz, Timothy
· May 3, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1702: Ending Taxpayer Subsidies for Yachts Act. 112th Congress. Open America. https://openamerica.io/bill/112-HR-1702/
MLA
"H.R. 1702: Ending Taxpayer Subsidies for Yachts Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-1702/.
Bluebook (legal)
H.R. 1702, 112th Cong. (2026), https://openamerica.io/bill/112-HR-1702/.
Markdown link
[H.R. 1702: Ending Taxpayer Subsidies for Yachts Act](https://openamerica.io/bill/112-HR-1702/)
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