# 119-hr-5504: Flood Insurance Tax Credit Act of 2025

119-hr-5504, Flood Insurance Tax Credit Act of 2025, is a 119th Congress bill sponsored by Rep. Velázquez, Nydia M. [D-NY-7] (D-NY); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-5504
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5504
- Congress: 119
- Title: Flood Insurance Tax Credit Act of 2025
- Status: introduced
- Introduced: 2025-09-18
- Sponsor: Rep. Velázquez, Nydia M. [D-NY-7] (D-NY)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Flood insurance tax credit.** This bill would create a new nonrefundable personal tax credit to help homeowners pay flood insurance premiums for their principal residence. - Homeowners: Owners of a principal residence could claim up to $1,500 for federal flood insurance premiums and up to $600 for contents coverage under the National Flood Insurance Act of 1968. - Private-policy holders: The credit would cover 50 percent of private flood insurance premiums, capped at $3,000. - Higher-income filers: Credit amounts are phased down starting at $100,000 of income for joint filers and $50,000 for other filers. - Tax rules and timing: The credit applies only to a taxpayer's principal residence, is disallowed for amounts already deducted under sections 280A(c) or 280A(e), and would apply to taxable years beginning after December 31, 2025.

## Provisions PRIA read

- Flood insurance tax credit with income limits: mixed, high. This bill would create a new nonrefundable tax credit for flood insurance on your main home. For tax years starting after December 31, 2025, your credit would equal: the smaller of your federal flood insurance premiums or $1,500; plus half of your private flood premiums (including contents), up to…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7973: Momnibus Act
- 119-hr-5658: Child Care for Every Community Act
- 119-hr-3971: Domestic Workers Bill of Rights Act

## Sources
- [119-hr-5504 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5504)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-5658: Child Care for Every Community Act](https://policyrisk.com/legislation/119-hr-5658)
- [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5504 (as of 2026-04-21).