118 HR 3891 IH: Mortgage Insurance Tax Deduction Act of 2023 U.S. House of Representatives 2023-06-07 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.

I118th CONGRESS1st SessionH. R. 3891IN THE HOUSE OF REPRESENTATIVESJune 7, 2023Ms. Brownley introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to make permanent the deduction for mortgage insurance premiums.

1.

Short title

This Act may be cited as the Mortgage Insurance Tax Deduction Act of 2023.

2.

Deduction for mortgage insurance premiums made permanent

(a)

In general

Section 163(h)(3)(E) 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, 2022.