Middle Class Mortgage Insurance Premium Act of 2025

H.R. 2760 · 119th Congress · Apr 9, 2025 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to increase the income cap for and make permanent the mortgage insurance premium deduction.

This Act may be cited as the “Middle Class Mortgage Insurance Premium Act of 2025”.

(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.

Lineage

Apr 9, 2025viewing Introduced in House 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. Sánchez) introduced the following bill; which was referred to the Committee on Ways and Means