H.R. 8672: To amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles.

H.R. 8672 is a federal bill in the 119th Congress. Before this bill, federal tax rules allowed people to deduct loan interest paid on cars, minivans, vans, sport utility vehicles, pickup trucks, and motorcycles, but excluded recreational vehicles and campers. After this bill takes effect, taxpayers who… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.