US HB6492 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on December 8 2016 - 25% progression, died in committee
Action: 2016-12-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 8 2016 - 25% progression, died in committee
Action: 2016-12-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
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.)
Title
Tax Benefit for Homeownership Clarification Act
Sponsors
| Rep. Keith Ellison [D-MN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-12-08 | House | Referred to the House Committee on Ways and Means. |
| 2016-12-08 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/6492/all-info |
| Text | https://www.congress.gov/114/bills/hr6492/BILLS-114hr6492ih.pdf |
