[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3906 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 3906

   To amend the Internal Revenue Code of 1986 to make permanent the 
 deduction for State and local sales tax, the deduction for qualified 
   tuition and related expenses, the deduction for mortgage interest 
     premiums, and the modifications to the dependent care credit.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 18, 2007

  Mr. Murphy of Connecticut 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 State and local sales tax, the deduction for qualified 
   tuition and related expenses, the deduction for mortgage interest 
     premiums, and the modifications to the dependent care credit.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Middle Class Tax Relief Act of 
2007''.

SEC. 2. STATE AND LOCAL SALES TAX DEDUCTION MADE PERMANENT.

    (a) In General.--Subparagraph (I) of section 164(b)(5) of the 
Internal Revenue Code of 1986 is amended by striking ``, and before 
January 1, 2008''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2007.

SEC. 3. MORTGAGE INSURANCE PREMIUMS TREATED AS INTEREST MADE PERMANENT.

    (a) In General.--Subparagraph (E) of section 163(h)(3) 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, 2007.

SEC. 4. DEDUCTION FOR QUALIFIED TUITION AND RELATED EXPENSES MADE 
              PERMANENT.

    (a) In General.--
            (1) Termination.--Section 222 of the Internal Revenue Code 
        of 1986 is amended by striking subsection (e).
            (2) EGTRRA sunset.--Title IX of the Economic Growth and Tax 
        Relief Reconciliation Act of 2001 (relating to sunset 
        provisions of such Act) shall not apply to section 431 of such 
        Act.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2007.

SEC. 5. MODIFICATIONS TO DEPENDENT CARE CREDIT MADE PERMANENT.

    Title IX of the Economic Growth and Tax Relief Reconciliation Act 
of 2001 (relating to sunset provisions of such Act) shall not apply to 
section 204 of such Act.
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