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Elizabeth Eugenio
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The One To Count On!
The One To Count On!

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Oppose AB 71 (Chiu) - Mortgage Interest Deduction for 2nd Homes

C.A.R. Opposing Bill that Would Eliminate Mortgage Interest Deduction on Second Homes



C.A.R. is OPPOSING UNLESS AMENDED AB 71 (Chiu) a bill that would eliminate the mortgage interest deduction for second homes to fund an increase in low-income housing tax credits. While C.A.R. supports increasing the amount of tax credits available for low-income housing, the association is opposed to doing so at the expense of the mortgage interest deduction for second homes. AB 71 was just approved by the Assembly Appropriations Committee and will be voted on by the entire Assembly AS SOON AS THIS FRIDAY, MAY 26.


Action Item


Urge your Assembly Member to Vote NO on AB 71


Call 1-800-798-6593


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Live in the home of your dream has other benefits.

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