S 35 · 119th CongressIn Committeecongress.gov ↗

Homeowners Premium Tax Reduction Act of 2025

What this bill does

AI plain-language summary

This bill would let homeowners subtract up to $10,000 from their income on their tax return for the cost of homeowners insurance on their main home. This type of deduction, called an "above-the-line" deduction, means people could claim it even if they don't itemize their taxes.

Introduced

January 8, 2025

Policy Area

Taxation

Your Vote

Discussion (0)

Explain what is at stake in this bill.

Sign in to join the discussion.

No comments yet. Be the first.