Homeowners Premium Tax Reduction Act of 2026
119-HR-9978119th CongressIntroduced Jul 30, 2026Taxation
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Ways and Means.
Sponsor
Rep. Bilirakis, Gus M. [R-FL-12](R-FL-12)Summary
Homeowners Premium Tax Reduction Act of 2026
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.
Actions (3)
Referred to the House Committee on Ways and Means.
Jul 30, 2026House floor actions
Introduced in House
Jul 30, 2026Library of Congress
Introduced in House
Jul 30, 2026Library of Congress