Sen. Rick Scott Introduces Bill to Provide Property Insurance Tax Deduction for Homeowners
August 07, 2024
August 07, 2024
WASHINGTON, Aug. 7 -- Sen. Rick Scott, R-Florida, issued the following news release:
Today, as Florida recovers from the devastation of Hurricane Debby, and families continue to struggle with surging costs, Senator Rick Scott announced his introduction of the Homeowners Premium Tax Reduction Act. This legislation will provide American homeowners an above-the-line tax deduction of up to $10,000 of premiums paid for homeowners' insurance annually at their primary residence.
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Today, as Florida recovers from the devastation of Hurricane Debby, and families continue to struggle with surging costs, Senator Rick Scott announced his introduction of the Homeowners Premium Tax Reduction Act. This legislation will provide American homeowners an above-the-line tax deduction of up to $10,000 of premiums paid for homeowners' insurance annually at their primary residence.
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