HR 9978 · In committee · last action July 30, 2026
<p><strong>Homeowners Premium Tax Reduction Act of 2026</strong></p><p>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. </p>
Gus Bilirakis (R-FL)
No votes recorded against this bill yet — vote coverage is a work in progress.
<p><strong>Homeowners Premium Tax Reduction Act of 2026</strong></p><p>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. </p>