HR 9978 119th Congress

Homeowners Premium Tax Reduction Act of 2026

Latest Action

Referred to the House Committee on Ways and Means.

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Sponsors

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

2026-07-30T00:00:00

Referred to the House Committee on Ways and Means.

2026-07-30T00:00:00

Introduced in House

2026-07-30T00:00:00

Introduced in House

Policy Areas

Taxation

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