Library / Laws / 113th / s / S. 688 / Introduced in Senate
II
113th CONGRESS
1st Session
S. 688
IN THE SENATE OF THE UNITED STATES
April 9, 2013
Ms. Stabenow (for
herself and Mr. Crapo) introduced the
following bill; which was read twice and referred to the
Committee on
Finance
A BILL
To permanently extend the private mortgage insurance tax
deduction.
1.
Permanent extension of
deduction for mortgage insurance premiums
(a)
In
general
Subparagraph (E) of section 163(h)(3) of the Internal
Revenue Code of 1986 is amended by striking clause (iv).
(b)
Effective
date
The amendment made by this section shall apply to amounts
paid or accrued after December 31, 2013, and to amounts properly allocable to
periods after such date.