3.0.0 516 2023-01-11T13:34:23Z 2023-01-11T13:34:23Z House HR 2017-01-13 115 [Congressional Record Volume 163, Number 9 (Friday, January 13, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. ELLISON:H.R. 516.Congress has the power to enactthis legislation pursuantto the following:Article I, Section 7, Clause 1 and Section 8, Clause 1.[Page H546]]]> hswm00 Ways and Means Committee House Standing Referred to 2017-01-13T14:00:36Z Equal Opportunity for Residential Representation Act 115 1146 HR 2017-02-16 Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS 2017-01-13 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2017-01-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-01-13 Introduced in House IntroReferral 1000 9 Library of Congress E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 N Taxation Housing finance and home ownership Income tax deductions Interest, dividends, interest rates Taxation 00 2017-01-13 Introduced in House 2017-01-27T14:29:06Z Tax Benefit for Homeownership Clarification Act

This bill amends the Internal Revenue Code to reduce the limitation on the mortgage interest deduction for the acquisition indebtedness of certain taxpayers. (Acquisition indebtedness is indebtedness that: (1) is incurred in acquiring, constructing, or substantially improving any qualified residence of the taxpayer; and (2) is secured by such residence. It also includes refinancing of the debt in certain situations.)

]]> Tax Benefit for Homeownership Clarification Act Display Title Tax Benefit for Homeownership Clarification Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to reduce the mortgage interest deduction relating to acquisition indebtedness for certain taxpayers. Introduced in House IH Short Titles as Introduced Tax Benefit for Homeownership Clarification Act Introduced in House 2017-01-13T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr516ih/xml/BILLS-115hr516ih.xml 2017-01-13 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.