Bill119th CongressFiled Jun 2, 2026
S. 4653
A bill 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
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
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 happenedJun 2, 2026
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Young, Todd [R-IN](R-IN)Sponsor