< Back to H.R. 1018 (112th Congress, 2011–2013)

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

This bill was introduced on March 10, 2011, in a previous session of Congress, but was not enacted. The text of the bill below is as of Mar 10, 2011 (Introduced).

Source: GPO

I

112th CONGRESS

1st Session

H. R. 1018

IN THE HOUSE OF REPRESENTATIVES

March 10, 2011

(for himself and Mr. Crowley) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

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

1.

Permanent deduction for mortgage insurance premiums

(a)

In general

Subparagraph (E) of section 163(h)(3) 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, 2011, and to amounts properly allocable to periods after such date.