Mortgage Insurance Tax Deduction Act of 2017

H.R. 109 · 115th Congress · Jan 3, 2017 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to make permanent the deduction for mortgage insurance premiums.

This Act may be cited as the “Mortgage Insurance Tax Deduction Act of 2017”.

(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, 2016.