H.R. 2760
IntroducedMiddle Class Mortgage Insurance Premium Act of 2025
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Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2760 Introduced in House (IH)]
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119th CONGRESS 1st Session H. R. 2760
To amend the Internal Revenue Code of 1986 to increase the income cap for and make permanent the mortgage insurance premium deduction.
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IN THE HOUSE OF REPRESENTATIVES
April 9, 2025
Mr. Buchanan (for himself, Mr. Panetta, Mr. Carey, Mr. Fitzgerald, Mr. Steil, Ms. DelBene, Ms. Moore of Wisconsin, Mr. Schneider, Mr. Sherman, Ms. McBride, and Ms. Sanchez) introduced the following bill; which was referred to the Committee on Ways and Means
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A BILL
To amend the Internal Revenue Code of 1986 to increase the income cap for and make permanent the mortgage insurance premium deduction.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 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) Section 163(h)(3)(E) of the Internal Revenue Code of 1986 is amended--
(1) in clause (ii), by striking ``$100,000 ($50,000'' and inserting ``$200,000 ($100,000'', and
(2) by striking clause (iv).
(b) Effective Date.--The amendments made by this Act shall apply to taxable years beginning after December 31, 2025. <all>