Bill Tracker / 119th Congress / H.R. 9978
H.R. 9978 · 119th Congress
Homeowners Premium Tax Reduction Act of 2026
Introduced→
In Committee→
Passed One Chamber→
Passed Both Chambers→
Became Law
Latest action: Referred to the House Committee on Ways and Means. — 07/30/2026
What This Bill Does
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.
Summary as of 07/30/2026, via Congress.gov / Congressional Research Service.
Introduced
07/30/2026
Policy Area
Taxation