119th Congress · Senate bill · Last action Jun 2, 2026
S. 4653In Committee
A bill to amend the Internal Revenue Code of 1986 to allow a deduction for loan interest payments made with respect to certain vehicles.
Sponsor: Sen. Young, Todd [R-IN] (R-IN)Introduced Jun 2, 2026
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In plain English
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Where it is in the process
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Introduced
Jun 2
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Senate committee
Jun 2
3
Senate floor
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4
House
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5
Signed
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What happens next: Sits in committee. Needs a markup or favorable report to advance to the Senate floor.
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Activity timeline
Jun 2
Read twice and referred to the Committee on Finance.
Jun 2
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Full action log
All 2 recorded actions since introduction · Source: Congress.gov
Jun 2
SENATERead twice and referred to the Committee on Finance.
Jun 2
Introduced in Senate
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