IN THE SENATE OF THE UNITED STATES
August 1, 2012
Ms. Stabenow (for herself and Mr. Crapo) introduced the following bill; which was read twice and referred to the Committee on Finance
To permanently extend the private mortgage insurance tax deduction.
Permanent extension of deduction for mortgage insurance premiums
Subparagraph (E) of section 163(h)(3) of the Internal Revenue Code of 1986 is amended by striking clause (iv).
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.