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Congress.gov119th Congress

S. 35

Homeowners Premium Tax Reduction Act of 2025

Introduced Jan 8, 2025Latest action Jan 8, 2025Taxation

Plain-English 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.

Deterministically condensed from the official CRS summary; verify details in the official record.

People and recorded decisions

Sponsors, Cosponsors & House Votes

No linked House roll-call vote is available yet. Senate votes are not currently synchronized.

Official Subjects

TaxationIncome tax deductionsLife, casualty, property insurance

Action Timeline

Jan 8, 2025

Read twice and referred to the Committee on Finance.

Jan 8, 2025

Introduced in Senate

Sources & text

Congress.gov data last updated Sep 2, 2026. Automated summaries preserve a source version and generation timestamp; human edits are explicitly recorded.