HCR 7 (2001): urging the federal government to allow a deduction for personal credit card interest from the federal income tax.
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@misc{bill-2001-hcr7, title = {HCR 7 (2001): urging the federal government to allow a deduction for personal credit card interest from the federal income tax.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2001/hcr7}, note = {Accessed 24 Oct. 2026} }
HCR 7 (2001)
urging the federal government to allow a deduction for personal credit card interest from the federal income tax.
- Status: Killed
- Term: 2001-2002
- House committee: State-Federal Relations and Veterans Affairs
- Senate committee: Banks
- Subject: State Government
The Story
It was introduced on January 25, 2001 and referred to the House State-Federal Relations and Veterans Affairs committee. The committee held a public hearing on February 13, 2001. The majority of the committee recommended that the House pass it by a vote of 13–2, and the report was placed on the consent calendar. On March 8, 2001 the House voted to pass it. It crossed to the Senate on April 2, 2001 and was referred to the Senate Banks committee. The committee held a public hearing on May 8, 2001. The committee recommended that the Senate kill it. On June 12, 2001 the Senate voted to kill it on a voice vote.
Sponsors
- Rep. Marshall Quandt (R) (prime sponsor)
- Rep. Matt Quandt (R)
Hearings and Sessions
- February 13, 2001, 10:00 AM: hearing, House State-Federal Relations and Veterans Affairs, RM306,LOB
- May 8, 2001, 8:30 AM: hearing, Senate Banks, LOB 103
Votes
- June 12, 2001, Senate: Inexpedient to Legislate — voice vote, passed
The Docket
- January 25, 2001: Introduced and ref to St-Fed Rel & Vets; HJ18, p243
- January 30, 2001: Copy to Chairman on 1/30/2001
- February 13, 2001: Hearing Feb 13 10:00 RM306,LOB
- February 21, 2001: Maj Report OTP for Mar 8 (vote 13-2;CC)
- March 8, 2001: Adopted; HJ23, p374 + 391
- April 2, 2001: Introduced and Ref. to Banks
- May 8, 2001: Hearing; May 8, 2001, Room 103, LOB, 8:30 a.m.; SC20
- June 11, 2001: Committee Report; Inexpedient to Legislate, [06/12/01]; SC32
- June 12, 2001: Inexpedient to Legislate, MA, VV