S. 4934 · 118th Congress

Homeowners Premium Tax Reduction Act of 2024

Stage
In committee
Sponsor
Rick Scott
Introduced
2024-08-01
Latest action
2024-08-01 · Introduced in Senate

Summary

Homeowners Premium Tax Reduction Act of 2024

This bill allows a deduction from gross income (above-the-line tax deduction) for up to $10,000 of annual policy premiums paid or incurred for homeowners insurance for an individual's principal residence.