HR 3608 · 110th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow the deduction for interest on acquisition indebtedness on principal residences to all individuals, whether or not they itemize their other deductions.

Introduced 2007-09-20· Sponsored by Rep. Barrow, John [D-GA-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-09-20)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an individual taxpayer to deduct from gross income interest incurred to acquire, construct, improve, or refinance a principal residence, whether or not such taxpayer itemizes other income tax deductions.…

Summarized by Claude AI · Non-partisan · For informational purposes only