Sen. Scott: Homeowners Premium Tax Reduction Act of 2025 Analyzed by CRS
Bill Intros-Senate
Copyright © Targeted News Service, 2025
Copyright © Targeted News Service, 2025
2025-09-16
Bailey Malota
WASHINGTON, Sept. 16 -- Homeowners Premium Tax Reduction Act of 2025 (S. 35), introduced by Sen. Rick Scott, R-FL, on January 8, 2025, has been analyzed by the Congressional Research Service. This proposed legislation aims to provide taxpayers with a new above-the-line deduction of up to $10,000 for annual homeowners insurance premiums paid on their principal residences.
The motivation behind this bill stems from the growing financial pressure faced by homeowners, particularly in ar . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Sept. 16 -- Homeowners Premium Tax Reduction Act of 2025 (S. 35), introduced by Sen. Rick Scott, R-FL, on January 8, 2025, has been analyzed by the Congressional Research Service. This proposed legislation aims to provide taxpayers with a new above-the-line deduction of up to $10,000 for annual homeowners insurance premiums paid on their principal residences.
The motivation behind this bill stems from the growing financial pressure faced by homeowners, particularly in ar . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com