,,iv  #aaeth ,,congress  #ast ,session  
,h4 ,,con4 ,,res4 #gf  ,,in ,,the       
,,house ,,of ,,representatives  ,july   
#bh1 #bjag,mr4 ,sherman 7for himself1   
,mr4 ,meeks1 ,ms4 ,barragn1 ,ms4 ,titus1
 ,mr4 ,swalwell of ,california1 ,ms4    
,shea-,porter1 ,mr4 ,king of ,new ,york1
 ,mr4 ,cook1 ,ms4 ,jackson ,lee1 and    
,mr4 ,donovan7 submitted the following  
concurrent resolution2 which was        
referred to the ,committee on ,ways and 
,means  ,,concurrent ,,resolution       
,expressing the sense of the ,congress  
that the current ,federal income tax    
deduction for interest paid on debt     
secured by a first or second home and   
for property taxes should not be further
 restricted4  ,whereas homeownership is 
a fundamental ,american ideal1 which    
promotes social and economic benefits   
beyond the benefits that accrue to the  
occupant of the home2 ,whereas          
homeownership is an important factor in 
promoting economic security and         
stability for ,american families2       

,whereas it is proper that the policy of
 the ,federal ,government is and should 
continue to be to encourage             
homeownership2 ,whereas the national    
homeownership rate for the first quarter
 of the year #bjag was #fc4f percent2   
,whereas the housing needs of the       
population will change as the population
 ages2 ,whereas the value of a home     
represents a valuable source of savings 
for a family2 ,whereas the provisions   
related to homeownership are among the  
simplest and most easily administered   
provisions of the ,internal ,revenue    
,code of #aihf2 ,whereas the current    
,federal income tax deduction for       
interest paid on debt secured by a first
 home has been a valuable cornerstone of
 this ,nation's housing policy and may  
well be the most important component of 
housing-related tax policy in ,america  
today2 ,whereas the current ,federal    
income tax deduction for interest paid  
on debt secured by second homes is of   
crucial importance to the economies of  

many communities in each of the #ej     
,states2 and ,whereas the current       
,federal income tax deduction for       
property taxes assists ,american        
families in building wealth and ensures 
that communities can continue to provide
 vital services3 ,now1 therefore1 be it 
,that it is the sense of the ,congress  
that-- 7#a7 the current ,federal income 
tax deduction for interest paid on debt 
secured by a first or second home should
 not be further restricted2 and  7#b7   
the current ,federal income tax         
deduction for property taxes should not 
be further restricted4