Middle Class Mortgage Insurance Premium Act of 2025

119 HR 2760 IH: Middle Class Mortgage Insurance Premium Act of 2025 U.S. House of Representatives 2025-04-09 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 2760 IN THE HOUSE OF REPRESENTATIVES April 9, 2025 Mr. Buchanan (for himself, Mr. Panetta , Mr. Carey , Mr. Fitzgerald , Mr. Steil , Ms. DelBene , Ms. Moore of Wisconsin , Mr. Schneider , Mr. Sherman , Ms. McBride , and Ms. Sánchez ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to increase the income cap for and make permanent the mortgage insurance premium deduction. 1. Short title This Act may be cited as the Middle Class Mortgage Insurance Premium Act of 2025 . 2. Increasing the income cap for and making permanent the mortgage insurance premium deduction (a) In general (1) Section 163(h)(3)(E) of the Internal Revenue Code of 1986 is amended— (1) in clause (ii), by striking $100,000 ($50,000 and inserting $200,000 ($100,000 , and (2) by striking clause (iv). (b) Effective date The amendments made by this Act shall apply to taxable years beginning after December 31, 2025.