Middle Class Mortgage Insurance Premium Act of 2021
Latest action · Dec 1, 2021 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedDec 1, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Middle Class Mortgage Insurance Premium Act of 2021
This bill increases the adjusted gross income threshold for the phaseout of the mortgage insurance premium tax deduction and makes such deduction permanent.
Cosponsors 20
Members who signed on, in the order they did. Signatures ran from Dec 1, 2021 to Dec 20, 2022; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-FL | Vern Buchanan | Original | Dec 1, 2021 |
| D-WI | Gwen Moore | Dec 8, 2021 | |
| D-CA | Jimmy Panetta | Dec 8, 2021 | |
| D-NY | Thomas R. Suozzi | Jan 3, 2022 | |
| R-FL | Byron Donalds | Jan 10, 2022 | |
| R-AZ | David Schweikert | Jan 12, 2022 | |
| R-WI | Bryan Steil | Jan 13, 2022 | |
| D-AL | Terri A. Sewell | Jan 19, 2022 | |
| R-GA | A. Drew Ferguson IV | Jan 20, 2022 | |
| D-IL | Bradley Scott Schneider | Feb 2, 2022 | |
| D-PA | Dwight Evans | Feb 2, 2022 | |
| R-KS | Ron Estes | Feb 25, 2022 | |
| D-NJ | Josh Gottheimer | Mar 7, 2022 | |
| R-PA | Mike Kelly | Mar 9, 2022 | |
| R-WI | Scott Fitzgerald | Mar 15, 2022 | |
| R-IL | Darin LaHood | Apr 7, 2022 | |
| R-TN | David Kustoff | Apr 27, 2022 | |
| R-WI | Glenn Grothman | Jun 8, 2022 | |
| D-VI | Stacey E. Plaskett | Aug 5, 2022 | |
| D-CA | Mike Levin | Dec 20, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Dec 1, 2021 |
Actions 2
Everything that happened, newest first.
- Dec 1, 2021Introduced in House
- Dec 1, 2021Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 167, no. 207, December 1, 2021, page H6859.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 117-877 | THE ROLE OF TAX INCENTIVES IN AFFORDABLE HOUSING135 pages | Finance Committee | Jul 20, 2022 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 3590 | Middle Class Mortgage Insurance Premium Act of 2022 | Related bill | Feb 7, 2022 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to increase the income cap for and make permanent the mortgage insurance premium deduction.
- Short Title(s) as Introduced
- Middle Class Mortgage Insurance Premium Act of 2021
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Dec 1, 2021Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
