118th Congress · SENATE BILLBILL

S. 1938Middle Class Mortgage Insurance Premium Act of 2023

A bill to amend the Internal Revenue Code of 1986 to increase the income cap with respect to the mortgage insurance premium deduction, and to make such deduction permanent.

Taxation
Introduced Jun 13, 2023
Last action Jun 13, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jun 13, 2023
Step 2
Referred
Jun 13, 2023
Finance
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill increases the adjusted gross income threshold for the phaseout of the mortgage insurance premium tax deduction and makes such deduction permanent.

Provisions · 2 sectionsIntroduced in Senate
Timeline · 2 actions
Jun 13, 2023
Introduced in Senate
Jun 13, 2023
Read twice and referred to the Committee on Finance.