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S 35 119th Congress Senate Taxation Income tax deductions Life, casualty, property insurance

Homeowners Premium Tax Reduction Act of 2025

Introduced: January 8, 2025 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
Jan 8, 2025
Read twice and referred to the Committee on Finance.
Jan 8, 2025
Introduced in Senate
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 Plain-English summary Congressional Research Service

Homeowners Premium Tax Reduction Act of 2025 

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. 

What's happening now January 8, 2025

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 17

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

See all 17 filings →
Cite this page click to expand
APA
U.S. Congress. (2026). S. 35: Homeowners Premium Tax Reduction Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-S-35/
MLA
"S. 35: Homeowners Premium Tax Reduction Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-35/.
Bluebook (legal)
S. 35, 119th Cong. (2026), https://openamerica.io/bill/119-S-35/.
Markdown link
[S. 35: Homeowners Premium Tax Reduction Act of 2025](https://openamerica.io/bill/119-S-35/)
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