[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3941 Introduced in House (IH)]

113th CONGRESS
  2d Session
                                H. R. 3941

 To amend the Internal Revenue Code of 1986 to extend for one year the 
               deduction for mortgage insurance premiums.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 28, 2014

 Mr. Grayson 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 extend for one year the 
               deduction for mortgage insurance premiums.

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

SECTION 1. EXTENSION OF MORTGAGE INSURANCE PREMIUMS TREATED AS 
              QUALIFIED RESIDENCE INTEREST.

    (a) In General.--Subclause (I) of section 163(h)(3)(E)(iv) of the 
Internal Revenue Code of 1986 is amended by striking ``December 31, 
2013'' and inserting ``December 31, 2014''.
    (b) Effective Date.--The amendments made by this section shall 
apply to amounts paid or accrued after December 31, 2013.
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