S. 35: Homeowners Premium Tax Reduction Act of 2025

S. 35 is a federal bill in the 119th Congress. Currently, homeowners cannot deduct the cost of their homeowners insurance premiums from their federal income taxes. This bill changes that by allowing individuals to subtract up to $10,000 of the annual premiums they pay for homeowners insurance on their… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.