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Flood Insurance Relief Act

8/4/2025, 3:37 PM

Summary of Bill HR 4494

The bill "To amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for flood insurance premiums" (H.R. 4494) was introduced in the 119th Congress on July 17, 2025. The purpose of the bill is to allow for an above-the-line deduction for flood insurance premiums in the Internal Revenue Code of 1986.

Current Status of Bill HR 4494

Bill HR 4494 is currently in the status of Bill Introduced since July 17, 2025. Bill HR 4494 was introduced during Congress 119 and was introduced to the House on July 17, 2025.  Bill HR 4494's most recent activity was Referred to the House Committee on Ways and Means. as of July 17, 2025

Bipartisan Support of Bill HR 4494

Total Number of Sponsors
4
Democrat Sponsors
0
Republican Sponsors
4
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4494

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 4494

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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