To amend the Internal Revenue Code of 1986 to reduce the floor on the deduction for medical expenses.

Summary

This bill makes permanent the reduction in the adjusted gross income (AGI) threshold that must be exceeded before a taxpayer may claim a deduction amount for medical expenses. The reduction is from 10% to 7.5% of AGI and 5% in any taxable year beginnning in 2020 or 2021.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 July 2020

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 21 July 2020

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 July 2020

   Introduced

   Introduced in House

   Source: IntroReferral

4. 22 July 2020

   Referred

   Referred to the Subcommittee on Health.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 July 2020 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 July 2020

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 July 2020

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 July 2020

  Open at official source

Sponsors

• David Schweikert · R · Sponsor
• Rep. Kelly, Mike [R-PA-16] · R · Cosponsor
• Kevin Hern · R · Cosponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.