,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #befc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #bg1 #bjac ,mr4 
,quigley 7= himself & ,mr4 ,walz7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to all[ ! mortgage int]e/ 
d$uction ) respect to boats only if !   
boat is us$ z ! pr9cipal resid5ce ( !   
taxpay]4  #a4 ,%ort title ,?is ,act may 
be cit$ z ! ,end+ ,taxpay] ,subsidies = 
,ya*ts ,act4  #b4 ,mortgage int]e/      
d$uction all[$ ) respect to boats only  
if boat is us$ z ! pr9cipal resid5ce ( !
 taxpay]  7a7 ,9 g5]al ,subclause 7ii7 (
 section #afc7;h77#d77;,a7 ( ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 7o!r ?an a boat7 aft] #a o!r resid5ce (
 ! taxpay]4  7b7 ,effective date  7#a7  
,9 g5]al ,! am5dm5t made by ?is section 
%all apply to indebt$ness incurr$ aft] !
 date ( ! enactm5t ( ?is ,act4  7#b7    
,special rule = ref9anc+s ,= purposes ( 
?is subsection1 indebt$ness result+ f ! 

ref9anc+ ( indebt$ness %all be treat$ z 
incurr$ on ! date ! ref9anc$ indebt$ness
 0 incurr$ 7tak+ into acc\nt !          
application ( ?is p>agraph 9 ! case (   
multiple ref9anc+s7 b only to ! ext5t ! 
indebt$ness result+ f su* ref9anc+ does 
n exce$ ! ref9anc$ indebt$ness4