WASHINGTON – This week, Congressman Byron Donalds (R-FL) reintroduced legislation to provide much-needed tax relief for National Flood Insurance Program (NFIP) and private insurance policyholders across Southwest Florida, the Sunshine State, and the nation.
H.R. 4494 – "The Flood Insurance Relief Act" is the 18th piece of legislation proposed by Congressman Donalds during the 119th Congress. Specifically, this bill combats the rising cost of flood insurance by creating a non-refundable tax deduction for flood insurance premiums.
Here's what they're saying:
ABC 3 WEAR–PENSACOLA: "Florida lawmakers, working on an effort on Capitol Hill to get some tax relief for flood insurance policyholders. Republican Representative Byron Donalds introduced the 'Flood Insurance Relief Act' to the House.' Senators Rick Scott and Ashley Moody sponsoring a companion bill in the Senate." "This proposed legislation would allow people to deduct the cost of qualified flood insurance premiums, including federal policy fees and surcharges from their taxable incomes. Insurance premiums of course, as you know, on the rise here in Florida, and this legislation seeks to alleviate some of that financial burden."
CBS 10 TAMPA BAY: "Help may be coming for families hit hard by flood insurance costs...the 'Flood Insurance Relief Act'... would offer a federal tax break for flood insurance premiums through the National Flood Insurance Program or private insurers." "It's non-refundable but could offer real savings for homeowners out there. The goal, ease the financial burden and encourage more private options in the flood insurance market. Congressman Byron Donaldsis leading the effort in the House."
CENTER SQUARE: "Rep. Byron Donalds, R-Fla., representing the 19th Congressional District, is sponsoring the companion bill in the House of Representatives. 'For far too long, the rising cost of flood insurance has crushed hardworking Floridians,' Donalds said in a release. 'This is unacceptable, this must change, and this critical issue must be addressed to ensure our economy works for all Americans. The time for action is now, and I’m proud to join Senator Rick Scott in introducing the Flood Insurance Relief Act to provide this overdue relief to policyholders across our Southwest Florida community, the Sunshine State, and the nation.'"
FIRST COAST NEWS–JACKSONVILLE: "Help may be coming for families hit hard by flood insurance costs...the bill would offer a federal tax break for flood insurance premiums through the National Flood Insurance Program or private insurers." "It's non-refundable but could offer real savings for homeowners as the goal is to ease the financial burden and encourage more private options in the flood insurance market. Congressman Byron Donalds is leading the effort in the House."
THE FLORIDIAN: "Florida Senators and Representative Rick Scott (R), Ashley Moody (R), and Bryon Donalds (R) have introduced bills H.R. 4494 and S 2313 in both the House and Senate... 'For far too long, the rising cost of flood insurance has crushed hardworking Floridians. This is unacceptable. The time for action is now, and I’m proud to join Senator Rick Scott in introducing the Flood Insurance Relief Act to provide this overdue relief to policyholders across our Southwest Florida community, the Sunshine State, and the nation,' said Rep. Donalds.
FLORIDA POLITICS: “U.S. Rep. Byron Donalds, a Naples Republican...is introducing a companion bill in the House. Donalds is in line with Scott and Moody and said the bill is long overdue. 'For far too long, the rising cost of flood insurance has crushed hardworking Floridians. This is unacceptable, this must change, and this critical issue must be addressed to ensure our economy works for all Americans,' Donalds said. 'The time for action is now, and I’m proud to join Senator Rick Scott in introducing the Flood Insurance Relief Act to provide this overdue relief to policyholders across our Southwest Florida community, the Sunshine State, and the nation.'"
FLORIDA'S VOICE: "Florida Republican Rep. Byron Donalds is spearheading an effort to provide tax relief for flood insurance policyholders across the state and nation, reintroducing legislation that would allow a deduction for premiums. Donalds announced the reintroduction of H.R. 4494, “The Flood Insurance Relief Act,” in the House. The bill aims to combat the escalating cost of flood insurance by creating a non-refundable tax deduction for premiums paid."
FOX 35 ORLANDO: "Congressman Byron Donalds is leading the companion legislation in the House of Representatives... 'For far too long, the rising cost of flood insurance has crushed hardworking Floridians,' Donalds said. 'This is unacceptable, this must change, and this critical issue must be addressed to ensure our economy works for all Americans. The time for action is now, and I’m proud to join Sen. Rick Scott in introducing the Flood Insurance Relief Act to provide this overdue relief to policyholders across our Southwest Florida community, the Sunshine State and the nation.'"
GULF COAST NEWS–FORT MYERS: "Florida lawmakers are working to protect all of us from flood impacts with a new flood bill, set to provide tax relief for both the National Flood Insurance Program and for private insurers across the Sunshine State." "The 'Flood Insurance Relief Act' is sponsored by Florida Representative Byron Donalds and Senators Rick Scott and Ashley Moody."
NEWSMAX DIGITAL: "She is co-sponsoring the flood insurance tax relief legislation with Sen. Rick Scott, R-Fla., and Rep. Byron Donalds, R-Fla. It would set up a nonrefundable tax deduction on flood insurance premiums paid through the National Flood Insurance Program (NFIP) or private insurers."
NEWSMAX TV: HOST: "Congressman Byron Donalds, speaking of that area, is sponsoring the companion bill in the House. He wrote on X, he said this, 'The rising cost of flood insurance is crushing hardworking Floridians. This is unacceptable, this must change & this critical issue must be addresses to ensure our economy works for all Americans."... SEN. MOODY: "I thank Senator Scott and Representative Donalds for pushing this with us and we're very concerned and interested in making sure that Floridians can receive this much needed insurance."
PBS WLRN–MIAMI: "U.S. Rep. Byron Donalds... introduced the same bill in the House. Added Congressman Donalds: 'For far too long, the rising cost of flood insurance has crushed hardworking Floridians. This is unacceptable, this must change, and this critical issue must be addressed to ensure our economy works for all Americans.'"
POLITICO FLORIDA: "Rep. Byron Donalds introduced a bill Tuesday that would allow people to deduct flood insurance premiums from their taxable income. The Flood Insurance Relief Act was also introduced on the Senate side, by GOP Sens. Rick and Ashley Moody of Florida, and would be limited to individuals who have a gross income of $200,000 or people who file jointly making less than $400,000 combined."
PROGRAM BUSINESS: "On the House side, U.S. Representative Byron Donalds is leading the companion legislation. Donalds will be visiting The Villages later this week to discuss the issue. 'For far too long, the rising cost of flood insurance has crushed hardworking Floridians. This is unacceptable, this must change, and this critical issue must be addressed to ensure our economy works for all Americans,' Donalds said."
SPECTRUM BAY NEWS 9–TAMPA: "Florida Senators Rick Scott and Ashley Moody, they announced legislation that'll benefit Americans dealing with the rising cost of flood insurance. Their bill would provide a non-refundable tax deduction on premiums... Congressman Byron Donalds is leading matching legislation in the House."
SPECTRUM CENTRAL FLORIDA NEWS 13–ORLANDO: "Florida Senators Rick Scott and Ashley Moody are introducing legislation to give relief to Americans dealing with rising flood insurance costs. The bill would offer a non-refundable tax deduction on flood insurance premiums. Florida Congressman Byron Donalds is leading matching legislation in the House of Representatives."
TAMPA FREE PRESS: "Congressman Byron Donalds (R-FL) is sponsoring the companion bill in the House of Representatives."
VILLAGES-NEWS: "U.S. Rep. Byron Donalds, who will be visiting The Villages later this week, is leading the companion legislation in the U.S. House of Representatives. 'For far too long, the rising cost of flood insurance has crushed hardworking Floridians. This is unacceptable, this must change, and this critical issue must be addressed to ensure our economy works for all Americans,' Donalds said."
###