H.CON.RES.130: Expressing support for the current standards of the Federal mortgage interest tax deduction.

About This Bill

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
May 20, 2009

Introduced in the House by Leonard Lance (R-N.J.)

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