# 119-hr-9978: Homeowners Premium Tax Reduction Act of 2026

119-hr-9978, Homeowners Premium Tax Reduction Act of 2026, is a 119th Congress bill sponsored by Rep. Bilirakis, Gus M. [R-FL-12] (R-FL); status introduced; PRIA reads it as touching household money (as of 2026-09-03).

- Canonical: https://policyrisk.com/legislation/119-hr-9978
- As of: 2026-09-03
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9978
- Congress: 119
- Title: Homeowners Premium Tax Reduction Act of 2026
- Status: introduced
- Introduced: 2026-07-30
- Sponsor: Rep. Bilirakis, Gus M. [R-FL-12] (R-FL)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-03

## Summary

**Creates an above-the-line deduction for homeowners insurance premiums** paid on a taxpayer's primary home, capped at $10,000 per year to lower adjusted gross income for affected filers. - Homeowners: Allows a deduction of up to $10,000 in annual homeowners insurance premiums for a taxpayer's principal residence, directly reducing adjusted gross income. - Taxpayers filing returns: The deduction is above-the-line, so it is taken in calculating adjusted gross income rather than as an itemized deduction. - Scope and definitions: The deduction covers annual premiums for homeowners insurance on the principal residence and uses the Internal Revenue Code Section 121 definition of principal residence. - Implementation: The bill would add a new Section 226 to the tax code, adjust Section 62(a) to include the new deduction, and apply to taxable years ending after enactment.

## Provisions PRIA read

- Tax deduction for homeowners' insurance: benefit, high. If enacted, you would be able to deduct up to $10,000 of homeowners insurance premiums you paid or incurred for your main home when computing adjusted gross income. The deduction would be above-the-line (it would lower your AGI) and would apply to annual policy premiums for your principal residence…

## Related bills

- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-4669: FEMA Act of 2025
- 119-hr-6976: Duty Status Reform Act
- 119-hr-4312: SCORE Act
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-7613: ALERT Act

## Sources
- [119-hr-9978 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9978)

## Related
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-6976: Duty Status Reform Act](https://policyrisk.com/legislation/119-hr-6976)
- [119-hr-4312: SCORE Act](https://policyrisk.com/legislation/119-hr-4312)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-7613: ALERT Act](https://policyrisk.com/legislation/119-hr-7613)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9978 (as of 2026-09-03).