Homeowners Insurance Premium Tax Deduction
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2024-08-27 — Homeowners Premium Tax Reduction Act of 2024: Homeowners Premium Tax Reduction Act of 2024 (House, introduced) would create an above-the-line deduction of up to $10,000/year of primary-residence homeowners-insurance premiums, available to non-itemizers; referred to committee with no further action. (novelty: 2)
- 2024-08-01 — Homeowners Premium Tax Reduction Act of 2024: Homeowners Premium Tax Reduction Act of 2024 (introduced, Senate) proposes an above-the-line deduction of up to $10,000/year of primary-residence insurance premiums, available without itemizing; referred to committee, no further advancement. (novelty: 2)