Mortgage Insurance Tax Deduction Act of 2025

Sponsored byRep. Brownley, Julia [D-CA-26]CA· Introduced 4 février 2025

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Referred to the House Committee on Ways and Means.

4 février 2025·1 year ago

Summary

Introduced in House · Updated 23 juin 2025

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.).

Timeline

3 actions

Referred to the House Committee on Ways and Means.
4 février 2025 · IntroReferral
Introduced in House
4 février 2025 · IntroReferral
Introduced in House
4 février 2025 · IntroReferral

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0 cosponsors

Sponsor

Rep. Brownley, Julia [D-CA-26]CA

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Policy area

Taxation

Track Mortgage Insurance Tax Deduction Act of 2025 as it moves through Congress