In CommitteeFiled Jun 30, 2026
Sponsor: Rep. Yakym, Rudy [R-IN-2] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Jun 30, 2026
Summary
The bill would let individuals who borrow money to buy a boat subtract the interest they pay on that loan from their taxable income. It is aimed at current and prospective boat owners to help lower the cost of financing a boat. The measure is currently referred to the House Committee on Ways and Means.
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