S 35 ยท Homeowners Premium Tax Reduction Act of 2025
Read twice and referred to the Committee on Finance.
- Introduced
- Jan 8, 2025
- Latest action
- Jan 8, 2025
- Sponsor
- Sen. Rick Scott [R-FL]
- Policy area
- Taxation
- Cosponsors
- 0
Summary
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.
Recent actions
- Jan 8, 2025 Read twice and referred to the Committee on Finance.
- Jan 8, 2025 Introduced in Senate
Votes
No recorded votes are available for this bill.