119 HR 8672 IH: To amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles. U.S. House of Representatives 2026-05-07 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS2d SessionH. R. 8672IN THE HOUSE OF REPRESENTATIVESMay 7, 2026Mr. Yakym (for himself and Ms. Titus) introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles.

1.

Qualified passenger vehicles include recreational vehicles for purposes of deduction for interest paid or accrued

(a)

In general

Section 163(h)(4)(D) of the Internal Revenue Code of 1986 is amended by striking clauses (iii) through (vi) and inserting the following: (iii)which has at least 2 wheels, and (iv)which— (I) (aa)is a car, minivan, van, sport utility vehicle, pickup truck, or motorcycle, (bb)is treated as a motor vehicle for purposes of title II of the Clean Air Act, and (cc)has a gross vehicle weight rating of less than 14,000 pounds, or (II)is a trailer, camper, or vehicle which— (aa)is designed to provide temporary living quarters for recreational, camping, or seasonal use, and (bb)is a motor vehicle or is designed to be towed by, or affixed to, a motor vehicle.. (b)

Effective date

The amendments made by this section shall apply to indebtedness incurred after December 31, 2025.