Mortgage Insurance Tax Deduction Act of 2025 has not moved since its introduction on Feb 4, 2025, with no cosponsors
IntroducedFeb 4, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 74 words.
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.).
Context
- Committees
- House Ways and Means Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 4 of 277 bills enacted since 2013
- Text versions
- 1: introduced in house · 64 words
- Latest action
- Feb 4, 2025: Referred to the House Committee on Ways and Means.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0
The bill status record lists no related bills.
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]