A bill to amend the Internal Revenue Code of 1986 to allow a deduction for health and long-term care insurance costs of individuals not participating in employer-subsidized health plans.

Summary

Amends the Internal Revenue Code to allow individual taxpayers a tax deduction from gross income (available to itemizing and non-itemizing taxpayers) for the cost of health care insurance, including long-term care insurance, for such taxpayer, the taxpayer's spouse, and dependents. Disallows such tax deduction for taxpayers participating in an employer-paid health care plan or for taxpayers who have health care coverage under certain federal assistance programs.

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

Timeline

1. 7 March 2006

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 7 March 2006

   Introduced

   Sponsor introductory remarks on measure. (CR S1835)

   Source: IntroReferral

3. 7 March 2006

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 7 March 2006 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 7 March 2006

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 7 March 2006

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 7 March 2006

  Open at official source

Sponsors

• Sen. Burr, Richard [R-NC] · R · Sponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.