This bill aims to modify the Internal Revenue Code concerning the mortgage insurance premium deduction. Its primary objectives are to increase the income cap for taxpayers claiming this deduction and to make the deduction permanent . Specifically, the bill raises the adjusted gross income (AGI) threshold at which the deduction begins to phase out from $100,000 to $200,000, effectively allowing more middle-income homeowners to benefit. By striking the sunset clause, the legislation ensures that the mortgage insurance premium deduction will no longer expire, providing long-term tax relief. These amendments are slated to take effect for taxable years beginning after December 31, 2025.