S. 586: Flood Insurance Affordability Tax Credit Act

S. 586 is a federal bill in the 119th Congress. Currently, individuals who pay for flood insurance premiums under the National Flood Insurance Program do not receive a specific federal tax credit for these costs. This bill changes that by establishing a new refundable tax credit that covers up to 33% of… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.