Summary: H.R.4134 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for H.R.4134. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/02/2004)

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.