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H.R. 9978

Homeowners Premium Tax Reduction Act of 2026

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. 

Referred to the House Committee on Ways and Means.

Rep. Bilirakis, Gus M. [R-FL-12](R-FL)Sponsor
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