Politiparty
Politiparty

118th Congress Taxation

S. 4934: Homeowners Premium Tax Reduction Act of 2024

Introduced

  1. Introduced (completed)Aug 1, 2024
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Aug 1, 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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Other bills by Rick Scott

History

  1. Aug 1, 2024Introduced in the Senate by Rick Scott.
Show the full action history (2 actions)
  1. Aug 1, 2024Introduced in Senate
  2. Aug 1, 2024Read twice and referred to the Committee on Finance.