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Bill119th CongressFiled May 7, 2026Taxation
H.R. 8672

To amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles.

Bill journey · stage 2 of 5

Under committee review

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Law

What it does

A plain-language summary from the Congressional Research Service isn’t available yet for this bill. CRS summaries are typically posted within a few weeks of introduction.

What just happenedMay 7, 2026

Referred to the House Committee on Ways and Means.

Who’s behind it

Rep. Yakym, Rudy [R-IN-2](R-IN)Sponsor
2 cosponsors
Read on Congress.gov
2cosponsors1committees3actions1related bills1subjects
  • Introduced in HouseMay 7, 2026
To amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments… — Informed