H.R. 2760
119th CONGRESS 1st Session
To amend the Internal Revenue Code of 1986 to increase the income cap for and make permanent the mortgage insurance premium deduction.
IN THE HOUSE OF REPRESENTATIVES · April 9, 2025 · Sponsor: Mr. Buchanan · Committee: Committee on Ways and Means
Table of contents
SEC. 1. Short title
- This Act may be cited as the Middle Class Mortgage Insurance Premium Act of 2025.
SEC. 2. Increasing the income cap for and making permanent the mortgage insurance premium deduction
- (a) In general
- (1) of the Internal Revenue Code of 1986 is amended— Section 163(h)(3)(E)
- in clause (ii), by striking
striking00,000 ($50,000and inserting00,000 (inserting00,000, and - by striking clause (iv).
- in clause (ii), by striking
- (1) of the Internal Revenue Code of 1986 is amended— Section 163(h)(3)(E)
- (b) Effective date
- The amendments made by this Act shall apply to taxable years beginning after December 31, 2025.