HR 2616 · 102th Congress · Taxation
To amend the Internal Revenue Code of 1986 to provide that the disallowance of deductions for personal interest shall not apply to interest on loans used to buy American-made highway vehicles.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1991-06-11)
Plain Language Summary
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Amends the Internal Revenue Code to allow a deduction for personal interest on indebtedness secured by an American-made highway vehicle.…
Summarized by Claude AI · Non-partisan · For informational purposes only