A bill to amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles.

119-s4653 — A bill to amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles.. Sponsored by Sen. Young, Todd [R-IN]. Introduced 2026-06-02. Senate bill. 119th Congress. Latest action: Read twice and referred to the Committee on Finance.

119-s4653 119th Congress Senate

Bill Activity

House
Introduced
2026-06-02
Introduced in Senate
Committee
2026-06-02
Read twice and referred to the Committee on Finance.
Senate
Referred to Committee
Read twice and referred to the Committee on Finance.
Sponsor
Sen. Young, Todd [R-IN] (R), IN
Introduced
2026-06-02
Committees
Finance Committee
Latest Action
Read twice and referred to the Committee on Finance.

No roll-call vote data available for this bill.

Explore This Bill

Investigate this bill → AI summary, roll-call breakdown, and full bill analysis