119th Congress
S. 35
Homeowners Premium Tax Reduction Act of 2025
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- Rick Scott(R-FL)
- Introduced
- Jan 8, 2025
- Policy area
- Taxation
- Committees
- Senate Committee on Finance
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (0)
No cosponsors.
Summary
Summary by the Congressional Research Service· describes the “Introduced in Senate” version
Homeowners Premium Tax Reduction Act of 2025
This bill establishes a new deduction of up to $10,000 claimed against gross income (above-the-line tax deduction) for annual policy premiums paid or incurred for homeowners insurance on an individual's principal residence.
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 8, 2025 · Senate
Read twice and referred to the Committee on Finance. - Jan 8, 2025
Introduced in Senate