HR 4494 · 119th Congress

Flood Insurance Relief Act

This bill would let homeowners deduct flood insurance premiums from their federal income taxes, similar to how some other insurance costs can be deducted. Right now, most people can't deduct flood insurance payments, even though they're required to carry this insurance if they have a mortgage on a property in a floo…

Sponsor

Donalds, Byron (R-Florida)

Introduced

2025-07-17

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.