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Middle Class Mortgage Insurance Premium Act of 2022
12/29/2022, 9:18 PM
Congressional Summary of S 3590
Middle Class Mortgage Insurance Premium Act of 2022
This bill increases the adjusted gross income threshold for the phaseout of the mortgage insurance premium tax deduction and makes such deduction permanent.
Read the Full Bill
Current Status of Bill S 3590
Bill S 3590 is currently in the status of Bill Introduced since February 7, 2022. Bill S 3590 was introduced during Congress 117 and was introduced to the Senate on February 7, 2022. Bill S 3590's most recent activity was Read twice and referred to the Committee on Finance. as of February 7, 2022
Bipartisan Support of Bill S 3590
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3590
Primary Policy Focus
TaxationAlternate Title(s) of Bill S 3590
Middle Class Mortgage Insurance Premium Act of 2022
Middle Class Mortgage Insurance Premium Act of 2022
A bill to amend the Internal Revenue Code of 1986 to increase the income cap with respect to the mortgage insurance premium deduction, and to make such deduction permanent.
Comments
Sponsors and Cosponsors of S 3590
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