Flood Insurance Relief Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Jul 16, 2025
What it does
The Flood Insurance Relief Act would amend the Internal Revenue Code to allow an above-the-line deduction for qualified flood insurance premiums paid by individuals on property they own. The deduction would be phased out for taxpayers with adjusted gross income exceeding $200,000 (or $400,000 for joint filers) and would apply to premiums paid under the National Flood Insurance Program, private flood insurance, and associated fees or surcharges. The change would take effect for taxable years beginning after the date of enactment.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.