US HB1702 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Democrat 3)
Status: Introduced on May 3 2011 - 25% progression, died in committee
Action: 2011-05-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 3 2011 - 25% progression, died in committee
Action: 2011-05-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
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.
Title
Ending Taxpayer Subsidies for Yachts Act
Sponsors
| Rep. Mike Quigley [D-IL] | Sen. Gary Peters [D-MI] | Rep. Timothy Walz [D-MN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-05-03 | House | Referred to the House Committee on Ways and Means. |
Subjects
Housing finance and home ownership
Income tax deductions
Marine and inland water transportation
Motor vehicles
Taxation
Income tax deductions
Marine and inland water transportation
Motor vehicles
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/1702/all-info |
| Text | https://www.congress.gov/112/bills/hr1702/BILLS-112hr1702ih.pdf |
