To amend the Internal Revenue Code of 1986 to provide for special rules allowing taxpayers to deduct qualified passenger vehicle loan interest paid or accrued during the taxable year on certain indebtedness, and for other purposes.

This bill, titled "To amend the Internal Revenue Code of 1986," was introduced in the 119th Congress as H.R. 3450 on May 15, 2025. Its purpose is to provide special rules allowing taxpayers to deduct qualified passenger vehicle loan interest paid or accrued during the taxable year on certain indebtedness.