Homeowners Premium Tax Reduction Act of 2024

United States118th CongressS-4934Senate
Updated: Aug 1, 2024

Summary

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.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-9411: Homeowners Premium Tax Reduction Act of 2024

Referred to the House Committee on Ways and Means.

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

    Senate

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