S 132 · 109th Congress · Taxation

Mortgage Insurance Fairness Act

Introduced 2005-01-24· Sponsored by Sen. Smith, Gordon H. [R-OR]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S348)(2005-01-24)

Plain Language Summary

[AI summary unavailable — showing source text] Mortgage Insurance Fairness Act - Amends the Internal Revenue Code to treat mortgage insurance premium payments as tax deductible interest. Phases out the deduction for taxpayers with adjusted gross incomes exceeding $100,000.…

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

Cosponsors (20)

10 Democrats10 Republicans
Sen. Lincoln, Blanche L. [D-AR]AR
Sen. Kohl, Herb [D-WI]WI
Sen. Dole, Elizabeth [R-NC]NC
Sen. Bayh, Evan [D-IN]IN
Sen. Cantwell, Maria [D-WA]WA
Sen. Lautenberg, Frank R. [D-NJ]NJ
Sen. Stabenow, Debbie [D-MI]MI
Sen. Levin, Carl [D-MI]MI
Sen. Allen, George [R-VA]VA
Sen. Pryor, Mark L. [D-AR]AR
Sen. Allard, Wayne [R-CO]CO
Sen. Burr, Richard [R-NC]NC
Sen. Cochran, Thad [R-MS]MS
Sen. Obama, Barack [D-IL]IL
Sen. Dodd, Christopher J. [D-CT]CT
Sen. Graham, Lindsey [R-SC]SC
Sen. Talent, Jim [R-MO]MO
Sen. Ensign, John [R-NV]NV
Sen. Enzi, Michael B. [R-WY]WY
Sen. Martinez, Mel [R-FL]FL