S. 4934 · 118th Congress · Senate

Homeowners Premium Tax Reduction Act of 2024

Active· Read twice and referred to the Committee on Finance.
Introduced
Aug 1, 24
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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. 

Action Timeline

2
  1. AUG 01, 2024•IntroReferral

    Introduced in Senate

  2. AUG 01, 2024•IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Aug 1, 2024

Active