H.Con.Res. 130 · 111th Congress

Expressing support for the current standards of the Federal mortgage interest tax deduction.

Stage
In committee
Introduced
2009-05-20
Latest action
2009-05-20 · Introduced in House

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.