Summary: H.R.4911 — 99th Congress (1985-1986)All Information (Except Text)

There is one summary for H.R.4911. Bill summaries are authored by CRS.

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Introduced in House (05/22/1986)

Amends the Internal Revenue Code to allow homeowners to deduct the full amount of prepaid interest in connection with the refinancing of their principal residences for the taxable year in which paid.