H.R. 9978: Homeowners Premium Tax Reduction Act of 2026

119th Congress · introduced 2026-07-30 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

Official title

Homeowners Premium Tax Reduction Act of 2026

Plain summary

Homeowners Premium Tax Reduction Act of 2026 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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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Official text

Homeowners Premium Tax Reduction Act of 2026

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Bilirakis, Gus M. [R-FL-12] · 0 cosponsors

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Words on this page, explained (1)

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Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr9978.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>

Record fed-us-cong119-hr9978 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills