Tax Benefit for Homeownership Clarification Act

Summary

Tax Benefit for Homeownership Clarification Act This bill amends the Internal Revenue Code to reduce the limitation on the mortgage interest deduction for the acquisition indebtedness of certain taxpayers. (Acquisition indebtedness is indebtedness that: (1) is incurred in acquiring, constructing, or substantially improving any qualified residence of the taxpayer; and (2) is secured by such residence. It also includes refinancing of the debt in certain situations.)

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Timeline

1. 8 December 2016

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 8 December 2016

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 December 2016

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 December 2016 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 December 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 December 2016

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 December 2016

  Open at official source

Sponsors

• Keith Ellison · D · Sponsor
• · hswm00 · Standing

Related records

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