HR 4134 · 108th Congress · Taxation

Home Mortgage Tax Simplification Act of 2004

Introduced 2004-04-02· Sponsored by Rep. Houghton, Amo [R-NY-29]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2004-04-02)

Plain Language Summary

[AI summary unavailable — showing source text] Home Mortgage Tax Simplification Act of 2004 - Amends the Internal Revenue Code to allow a tax deduction in the current taxable year of points paid for the refinancing of a principal residence to the extent that the resulting indebtedness does not exceed the sum of: (1) the amount of debt refinanced; plus (2) the lesser of $10,000 or the points paid.…

Summarized by Claude AI · Non-partisan · For informational purposes only