H.R. 3995 — Introduced in House

I 113th CONGRESS 2d Session H. R. 3995 IN THE HOUSE OF REPRESENTATIVES February 5, 2014Mr. Braley of Iowa 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 extend the deduction for mortgage insurance premiums. 1. Short title This Act may be cited as the Mortgage Tax Cut Extension Act. 2. Extension of deduction for mortgage insurance premiums (a) In general Section 163(h)(3)(E)(iv)(I) of the Internal Revenue Code of 1986 is amended by striking December 31, 2013 and inserting December 31, 2015. (b) Effective date The amendment made by this section shall apply to amounts paid or incurred after December 31, 2013.