Mortgage Insurance Tax Deduction Act of 2025
The summary
What this bill does
Mortgage Insurance Tax Deduction Act of 2025
This bill reinstates and makes permanent the itemized tax deduction for mortgage insurance premiums.
Under current law, only premiums paid before 2022 (and after 2006) for qualified mortgage insurance (mortgage insurance provided by Department of Veterans Affairs, the Federal Housing Administration, the Rural Housing Service, and certain private mortgage insurers) in connection with obtaining a mortgage may be deducted as an itemized tax deduction. (Some limitations apply.).
Legislative timeline
From introduction
Feb 4, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - CA District 26 · D-CA
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 918 |
| Origin Chamber | House |
| Current Status | Referred to the House Committee on Ways and Means. |
| Policy Area | Taxation |
| Primary Committee | Not assigned |
| Introduced | February 4, 2025 |
| Latest Action | February 4, 2025 |
| Cosponsors | 0 · House vote — · — views |