H.R. 1702 · 112th Congress

Ending Taxpayer Subsidies for Yachts Act

Stage
In committee
Introduced
2011-05-03
Latest action
2011-05-03 · Introduced in House

Summary

Ending Taxpayer Subsidies for Yachts Act - Amends the Internal Revenue Code to deny a tax deduction for interest paid on a mortgage for a second residence of a taxpayer if that residence is a boat.