Flood Insurance Relief Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Jul 17, 2025
What it does
The Flood Insurance Relief Act would allow individuals to claim an above-the-line deduction for qualified flood insurance premiums paid on property they own, reducing their taxable income. The deduction is limited to taxpayers with an adjusted gross income of $200,000 or less ($400,000 for joint filers) and applies to premiums paid under the National Flood Insurance Program or private flood insurance, including associated fees and surcharges. The provision would take effect for taxable years beginning after the bill’s 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.
Where it goes next
While a bill can still move, the questions are about people and money.