Mortgage Insurance Tax Deduction Act of 2023

Bill: 118-hr-3891
Sponsor: full_name: Rep. Brownley, Julia [D-CA-26]
Introduced: 2023-06-07
Policy area: Taxation
Latest action: action_date: 2023-06-07
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2023-06-07
action_desc: Introduced in House
text: <p><strong>Mortgage Insurance Tax Deduction Act of 2021</strong></p> <p>This bill makes permanent the tax deduction for mortgage insurance premiums. </p>

tv_txt: I 118th CONGRESS 1st Session H. R. 3891 IN THE HOUSE OF REPRESENTATIVES June 7, 2023 Ms. Brownley introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to make permanent the deduction for mortgage insurance premiums.

1. Short title This Act may be cited as the Mortgage Insurance Tax Deduction Act of 2023 . 2. Deduction for mortgage insurance premiums made permanent (a) In general Section 163(h)(3)(E) of the Internal Revenue Code of 1986 is amended by striking clause (iv). (b) Effective date The amendment made by this section shall apply to amounts paid or accrued after December 31, 2022.