Homeowners Premium Tax Reduction Act of 2025 has not moved since its introduction on Jan 8, 2025, with no cosponsors
IntroducedJan 8, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 39 words.
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.
Context
- Committees
- Senate Finance Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 4 of 372 bills enacted since 2013
- Text versions
- 1: introduced in senate · 286 words
- Subjects
- Income tax deductionsLife, casualty, property insurance
- Latest action
- Jan 8, 2025: Read twice and referred to the Committee on Finance.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Related, per CRS or House · 1
- 119th H.R. 9978 Homeowners Premium Tax Reduction Act of 2026 R · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]