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HR 4911 99th Congress House Taxation Finance and Financial Sector Housing and Housing Finance Housing finance Income tax Interest Mortgage loans Settlement costs Tax deductions

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: May 22, 1986 See on congress.gov
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This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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 22, 1986
Referred to House Committee on Ways and Means.
May 22, 1986
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now May 22, 1986

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Hoyer, Steny H.
Maryland · Sep 29, 1986
 D
Kaptur, Marcy
Ohio · Jul 17, 1986
 D
Wyden, Ron
Oregon · Jul 17, 1986
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4911: 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.. 99th Congress. Open America. https://openamerica.io/bill/99-HR-4911/
MLA
"H.R. 4911: 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.." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-4911/.
Bluebook (legal)
H.R. 4911, 99th Cong. (2026), https://openamerica.io/bill/99-HR-4911/.
Markdown link
[H.R. 4911: 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.](https://openamerica.io/bill/99-HR-4911/)
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