| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 2760 |
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| 5 | 5 | | To amend the Internal Revenue Code of 1986 to increase the income cap |
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| 6 | 6 | | for and make permanent the mortgage insurance premium deduction. |
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| 7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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| 8 | 8 | | APRIL9, 2025 |
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| 9 | 9 | | Mr. B |
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| 10 | 10 | | UCHANAN(for himself, Mr. PANETTA, Mr. CAREY, Mr. FITZGERALD, |
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| 11 | 11 | | Mr. S |
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| 12 | 12 | | TEIL, Ms. DELBENE, Ms. MOOREof Wisconsin, Mr. SCHNEIDER, |
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| 13 | 13 | | Mr. S |
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| 14 | 14 | | HERMAN, Ms. MCBRIDE, and Ms. SA´NCHEZ) introduced the fol- |
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| 15 | 15 | | lowing bill; which was referred to the Committee on Ways and Means |
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| 16 | 16 | | A BILL |
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| 17 | 17 | | To amend the Internal Revenue Code of 1986 to increase |
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| 18 | 18 | | the income cap for and make permanent the mortgage |
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| 19 | 19 | | insurance premium deduction. |
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| 20 | 20 | | Be it enacted by the Senate and House of Representa-1 |
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| 21 | 21 | | tives of the United States of America in Congress assembled, 2 |
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| 22 | 22 | | SECTION 1. SHORT TITLE. 3 |
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| 23 | 23 | | This Act may be cited as the ‘‘Middle Class Mortgage 4 |
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| 24 | 24 | | Insurance Premium Act of 2025’’. 5 |
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| 25 | 25 | | VerDate Sep 11 2014 08:03 Apr 22, 2025 Jkt 000000 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2760.IH H2760 |
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| 26 | 26 | | mprince on LAP1J3WLY3PROD with $$_JOB 2 |
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| 27 | 27 | | •HR 2760 IH |
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| 28 | 28 | | SEC. 2. INCREASING THE INCOME CAP FOR AND MAKING 1 |
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| 29 | 29 | | PERMANENT THE MORTGAGE INSURANCE 2 |
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| 30 | 30 | | PREMIUM DEDUCTION. 3 |
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| 31 | 31 | | (a) I |
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| 32 | 32 | | NGENERAL.—(1) Section 163(h)(3)(E) of the 4 |
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| 33 | 33 | | Internal Revenue Code of 1986 is amended— 5 |
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| 34 | 34 | | (1) in clause (ii), by striking ‘‘$100,000 6 |
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| 35 | 35 | | ($50,000’’ and inserting ‘‘$200,000 ($100,000’’, and 7 |
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| 36 | 36 | | (2) by striking clause (iv). 8 |
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| 37 | 37 | | (b) E |
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| 38 | 38 | | FFECTIVEDATE.—The amendments made by 9 |
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| 39 | 39 | | this Act shall apply to taxable years beginning after De-10 |
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| 40 | 40 | | cember 31, 2025. 11 |
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| 41 | 41 | | Æ |
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| 42 | 42 | | VerDate Sep 11 2014 08:03 Apr 22, 2025 Jkt 000000 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H2760.IH H2760 |
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| 43 | 43 | | mprince on LAP1J3WLY3PROD with $$_JOB |
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