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HCONRES 130 111th Congress House Taxation Housing finance and home ownership Income tax deductions Income tax rates

Expressing support for the current standards of the Federal mortgage interest tax deduction.

Introduced: May 20, 2009 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2009
Referred to the House Committee on Ways and Means.
May 20, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Supports the current standards of the mortgage interest tax deduction, as outlined in section 163 of the Internal Revenue Code and opposes President Barack Obama's recommendation to reduce the current mortgage interest deduction from 33% to 28 % for households paying income taxes at 33% and 35% rates.

What's happening now May 20, 2009

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1