I 112th CONGRESS 1st Session H. R. 1018 IN THE HOUSE OF REPRESENTATIVES March 10, 2011 Mr. Nunes (for himself and Mr. Crowley) 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 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, 2011, and to amounts properly allocable to periods after such date.