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Flood Insurance Tax Credit Bill
Recent Bills/Flood Insurance Tax Credit Bill

Flood Insurance Tax Credit Bill

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Read twice and referred to the Committee on Finance.
More:Recently Introduced BillsEconomySenate Bills
Why This Matters

This bill offers a tax credit to help homeowners pay for flood insurance, making it easier for them to protect their homes from flooding. It targets those who may struggle with high insurance costs due to their income levels.

If you pay for flood insurance, you could get a tax credit that lowers your overall costs by a third.
Who this affects
Homeowners · Flood insurance purchasers
What changes is this bill making?
  1. 1This bill provides a tax credit for flood insurance premiums paid by homeowners.
  2. 2Homeowners can receive a credit equal to 33 percent of their flood insurance costs.
  3. 3The credit amount decreases for households with incomes above a certain level.
  4. 4Only married couples filing jointly can claim this credit.
  5. 5The bill aims to make flood insurance more affordable for eligible homeowners.
Read the detailed summary

Vietnam Veterans Liver Fluke Cancer Study Act This bill requires the Department of Veterans Affairs (VA) to conduct an epidemiological study and report on the prevalence of cholangiocarcinoma (bile duct cancer) in veterans who served in the Vietnam theater of operations during the Vietnam era. The study must identify the rate of incidence of cholangiocarcinoma in such veterans and in U.S. residents. The bill also requires the VA to track and report on the prevalence of cholangiocarcinoma using the Veterans Affairs Central Cancer Registry. Additionally, the VA must periodically submit follow-up reports to Congress regarding the epidemiological study and information collected from the cancer registry regarding the prevalence of bile duct cancer.

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentJan 21, 2025

Read twice and referred to the Committee on Finance.

Sponsors
See all 9 sponsors
Senate
House
President

The President

Donald Trump
President
Awaiting Vote
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