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H.R. 9978

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to create an above the line deduction for certain homeowners insurance premiums.
About This Bill
Committee
Latest Action · July 30, 2026
Referred to the House Committee on Ways and Means.
Introduced
July 30, 2026
Cosponsors (0)
None
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Summary

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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.

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