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S 4143 118th Congress Senate Taxation

Flood Insurance Relief Act

Introduced: April 17, 2024 Introduced by: Scott, Rick Republican · Florida See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 17, 2024
Read twice and referred to the Committee on Finance.
Apr 17, 2024
Introduced in Senate
 Plain-English summary Congressional Research Service

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).

What's happening now April 17, 2024

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1