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S. 35

BillFederalSenateIn Committee
Homeowners Premium Tax Reduction Act of 2025
About This Bill
Committee
Latest Action · January 8, 2025
Read twice and referred to the Committee on Finance.
Congress
119th (2025–2027)
Introduced
January 8, 2025
Cosponsors (0)
None
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Summary

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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.

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