S. 4934 · 118th Congress
Homeowners Premium Tax Reduction Act of 2024
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ScottSponsorNo cosponsors.
This bill allows a deduction from gross income (above-the-line tax deduction) for up to $10,000 of annual policy premiums paid or incurred for homeowners insurance for an individual's principal residence.
What it does: CRS summary · Introduced in Senate · Aug 1, 2024
Homeowners Premium Tax Reduction Act of 2024
This bill allows a deduction from gross income (above-the-line tax deduction) for up to $10,000 of annual policy premiums paid or incurred for homeowners insurance for an individual's principal residence.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Homeowners Premium Tax Reduction Act of 2024
Latest action (Aug 1, 2024): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Aug 1, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.