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- H.R.4134
H.R.4134: Home Mortgage Tax Simplification Act of 2004
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced April 2, 2004
- Latest Major Action April 2, 2004
Bill Sponsor
Bill Summary
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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| April 2, 2004 |
Introduced in the House by Amory Houghton (R-N.Y.) |