To amend the Internal Revenue Code of 1986 to reinstate the deduction for interest on home equity indebtedness.
USA115th CongressHR-6817| House
| Updated: 9/13/2018
Carolyn B. Maloney
Democratic Representative
New York
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Home Equity Loan Deduction Restoration Act This bill amends the Internal Revenue Code to reinstate the deduction for interest on home equity loans. (Under current law, the deduction is suspended through 2025.)
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Housing finance and home ownershipIncome tax deductionsInterest, dividends, interest rates
To amend the Internal Revenue Code of 1986 to reinstate the deduction for interest on home equity indebtedness.
USA115th CongressHR-6817| House
| Updated: 9/13/2018
Home Equity Loan Deduction Restoration Act This bill amends the Internal Revenue Code to reinstate the deduction for interest on home equity loans. (Under current law, the deduction is suspended through 2025.)
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Carolyn B. Maloney
Democratic Representative
New York
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Housing finance and home ownershipIncome tax deductionsInterest, dividends, interest rates