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To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for flood insurance premiums.

10/19/2024, 8:05 AM

Summary of Bill HR 10004

H.R. 10004 in the 118th Congress, introduced on October 18, 2024, aims to amend the Internal Revenue Code of 1986. The bill's purpose is to establish an above-the-line deduction for flood insurance premiums, potentially providing tax relief to individuals obtaining flood insurance coverage.

Current Status of Bill HR 10004

Bill HR 10004 is currently in the status of Bill Introduced since October 18, 2024. Bill HR 10004 was introduced during Congress 118 and was introduced to the House on October 18, 2024.  Bill HR 10004's most recent activity was Referred to the House Committee on Ways and Means. as of October 18, 2024

Bipartisan Support of Bill HR 10004

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 10004

Primary Policy Focus

Alternate Title(s) of Bill HR 10004

To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for flood insurance premiums.
To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for flood insurance premiums.

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