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Boat Loan Interest Deduction Act of 2026

7/13/2026, 6:59 PM

Summary of Bill HR 9537

The bill titled "To amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain watercraft" was introduced in the 119th Congress on June 30, 2026.

Current Status of Bill HR 9537

Bill HR 9537 is currently in the status of Bill Introduced since June 30, 2026. Bill HR 9537 was introduced during Congress 119 and was introduced to the House on June 30, 2026.  Bill HR 9537's most recent activity was Referred to the House Committee on Ways and Means. as of June 30, 2026

Bipartisan Support of Bill HR 9537

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 9537

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 9537

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

Comments

Jorge Everett profile image

Jorge Everett

996

30 days ago

I'm all for this bill, it's gonna save me some serious cash on my boat loan interest! Love it!

Zhuri Nixon profile image

Zhuri Nixon

1,007

23 days ago

I don't like this new bill, it's just not right. Why should we be giving tax breaks to boat owners when there are so many other important issues that need to be addressed? It's just not fair. #politics #HR9537 #boatloans