110 HR 1813 IH: To amend the Internal Revenue Code of 1986 to make U.S. House of Representatives 2007-03-29 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.

I 110th CONGRESS 1st Session H. R. 1813 IN THE HOUSE OF REPRESENTATIVES March 29, 2007 Mr. Levin (for himself, Mr. Ryan of Wisconsin, Mr. Lewis of Georgia, Mr. Herger, Mr. Tanner, Mr. Camp of Michigan, Mr. Emanuel, Mr. English of Pennsylvania, Ms. Berkley, Mr. Weller of Illinois, Mr. Crowley, Mr. Lewis of Kentucky, Ms. Schwartz, and Mr. Cantor) 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.

Permanent deduction for mortgage insurance premiums

(a)

In general

Subparagraph (E) of section 163(h)(3) of the Internal Revenue Code of 1986 (relating to mortgage insurance premiums treated as interest) 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, 2007, and to amounts properly allocable to any period after such date.