119th Congress
H.R. 918
Mortgage Insurance Tax Deduction Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Julia Brownley(D-CA)
- Introduced
- Feb 4, 2025
- Policy area
- Taxation
- Committees
- House Committee on Ways and Means
- Official text
- Introduced in House · Congress.gov page
Cosponsors (0)
No cosponsors.
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
Mortgage Insurance Tax Deduction Act of 2025
This bill reinstates and makes permanent the itemized tax deduction for mortgage insurance premiums.
Under current law, only premiums paid before 2022 (and after 2006) for qualified mortgage insurance (mortgage insurance provided by Department of Veterans Affairs, the Federal Housing Administration, the Rural Housing Service, and certain private mortgage insurers) in connection with obtaining a mortgage may be deducted as an itemized tax deduction. (Some limitations apply.).
Roll-call votes
No recorded votes on this bill.
Actions
- Feb 4, 2025 · House
Referred to the House Committee on Ways and Means. - Feb 4, 2025
Introduced in House