# 119-hr-9537: Boat Loan Interest Deduction Act of 2026

119-hr-9537, Boat Loan Interest Deduction Act of 2026, is a 119th Congress bill sponsored by Rep. Yakym, Rudy [R-IN-2] (R-IN); status introduced; PRIA reads it as touching household money (as of 2026-09-12).

- Canonical: https://policyrisk.com/legislation/119-hr-9537
- As of: 2026-09-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9537
- Congress: 119
- Title: Boat Loan Interest Deduction Act of 2026
- Status: introduced
- Introduced: 2026-06-30
- Sponsor: Rep. Yakym, Rudy [R-IN-2] (R-IN)
- Cosponsors: 6
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-12

## Summary

**Would let certain U.S.-assembled recreational motorboats qualify for the same interest deduction that now applies to passenger vehicles.** It would fold qualifying watercraft into the existing vehicle-interest framework while keeping the same origination and use rules for borrowers. - Buyers and households: Would allow taxpayers to deduct interest on loans for qualifying recreational motorboats if the boat’s original use is with the buyer and the final assembly occurred in the United States. This change applies to indebtedness incurred after December 31, 2025. - U.S. manufacturers and workers: By requiring final assembly in the United States for a boat to qualify, the rule would favor domestically assembled watercraft and could influence where manufacturers finish production. - Tax reporting and lenders: Tax returns and reporting would need hull identification numbers for qualifying watercraft. The law would update current forms and reporting rules to accept a “vehicle or hull identification number” instead of just a vehicle identification number.

## Cosponsors (6)

- Rep. Davis, Donald G. [D-NC-1] (D-NC), 2026-06-30T00:00:00.000Z
- Rep. Gimenez, Carlos A. [R-FL-28] (R-FL), 2026-07-22T00:00:00.000Z
- Rep. Patronis, Jimmy [R-FL-1] (R-FL), 2026-08-31T00:00:00.000Z
- Rep. Salazar, Maria Elvira [R-FL-27] (R-FL), 2026-09-01T00:00:00.000Z
- Rep. Grothman, Glenn [R-WI-6] (R-WI), 2026-09-08T00:00:00.000Z
- Rep. Burchett, Tim [R-TN-2] (R-TN), 2026-09-10T00:00:00.000Z

## Provisions PRIA read

- Tax break for car and boat loans: mixed, high. You would be able to deduct interest on loans for a qualifying boat or a qualifying passenger vehicle. Boats must be recreational motorboats first used by you and finally assembled in the United States. Passenger vehicles must meet the existing rules, including first use by you, certain vehicle typ…

## Related bills

- 119-hr-4669: FEMA Act of 2025
- 119-hr-3946: FIGHT Act of 2025
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-979: AM Radio for Every Vehicle Act of 2025
- 119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act

## Sources
- [119-hr-9537 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9537)

## Related
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-3946: FIGHT Act of 2025](https://policyrisk.com/legislation/119-hr-3946)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-979: AM Radio for Every Vehicle Act of 2025](https://policyrisk.com/legislation/119-hr-979)
- [119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act](https://policyrisk.com/legislation/119-hr-4382)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9537 (as of 2026-09-12).