A bill to amend the Internal Revenue Code to decrease the limitation on deductions for medical expenses to two percent of adjusted gross income, to eliminate the one-percent limitation on deductions for drugs and medicine and to include the entire deduction for medical insurance within the two-percent limitation.

Summary

Amends the Internal Revenue Code to decrease the floor on allowable medical deductions to two percent of adjusted gross income. Eliminates the one percent floor on deductions for drugs and medicine. Includes deductible amounts for medical insurance with other medical care expenses for which the two percent floor is applicable.

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Timeline

1. 1 March 1977

   Introduced

   Introduced in House

   Source: IntroReferral

2. 1 March 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 1 March 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 1 March 1977

  Open at official source

Sponsors

• Rep. Keys, Martha E. [D-KS-2] · D · Sponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code to decrease the limitation on deduction for medical expenses to 2 percent of adjusted gross income, to eliminate the 1-percent limitation on deductions for drugs and medicine and to include the entire deduction for medical insurance within the 2-percent limitation.
• related to ← A bill to amend the Internal Revenue Code to decrease the limitation on deductions for medical expenses to 2 percent of adjusted gross income, to eliminate the 1-percent limitation on deductions for drugs and medicine and to include the entire deduction for medical insurance within the 2-percent limitation.