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H.R. 8672

U.S. House•In House Committee

Summary

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, was introduced in the House on May 7, 2026 by Rep. Rudolph Yakym III (R) with 4 co-sponsors. It was referred to Ways And Means, and last saw action on May 7, 2026: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 8672 has 4 co-sponsors.

hb8672/introduced-in-house.txt
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.
 I  119th CONGRESS  2d Session  H. R. 8672  IN THE HOUSE OF REPRESENTATIVES   May 7, 2026   Mr. Yakym  (for himself and  Ms. Titus ) introduced the following bill; which was referred to the  Committee on Ways and Means    A BILL
To 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.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-05-07
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

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

Sponsors

Rep. Rudolph Yakym III (R) sponsors H.R. 8672, and 4 members have co-sponsored it, 1 of them from the day it was introduced.

Committees

H.R. 8672 went before 1 committee: Ways and Means.

Ways and Means
Ways and Means
Referred To · May 7, 2026 · 1,160 Bills

Actions

H.R. 8672 has taken 2 actions since May 7, 2026.

ChamberAction
May 7, 2026
House
Introduced in House
May 7, 2026
House
Referred to the House Committee on Ways and Means.Ways and Means Committee

Votes

H.R. 8672 has not gone to a roll call.

1 bill is related to H.R. 8672, as Identical bill.

Titles

H.R. 8672 goes by 2 titles.

  • To amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles. — Display Title
  • To amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 1 registered lobbyist who named H.R. 8672 in 1 quarterly filing, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Natural Resources, Taxation/Internal Revenue Code, Trade (domestic/foreign).

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
RECREATION VEHICLE DEALERS ASSOCIATION OF NORTH AMERICA—Virginia11—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
RECREATION VEHICLE DEALERS ASSOCIATION OF NORTH AMERICA11—

Lobbyists

Named on the filings that cite the bill.

LobbyistFirmsClientsFilings
WILLIAM RICHARDSON111

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
RECREATION VEHICLE DEALERS ASSOCIATION OF NORTH AMERICARECREATION VEHICLE DEALERS ASSOCIATION OF NORTH AMERICA2026 second_quarter—2nd Quarter - Report

Classification

The Congressional Research Service files H.R. 8672 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 8672’s is Taxation.

hr8672/policy-areas.txt
TaxationAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 8672, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 78 (Thursday, May 7, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. YAKYM:H.R. 8672.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1 of the United StatesConstitution[Page H3342]

Source: congress.gov · legiscan.com