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
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
Plain-English summary
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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1