S. 4143 · 118th Congress

Flood Insurance Relief Act

Stage
In committee
Sponsor
Rick Scott
Introduced
2024-04-17
Latest action
2024-04-17 · Introduced in Senate

Summary

Flood Insurance Relief Act

This bill allows a new above-the-line tax deduction (used to determine adjusted gross income) for certain flood insurance premiums for taxpayers whose adjusted gross income does not exceed $200,000 ($400,000 for joint returns).