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United States · Bill · S

S. 419 (99th)

A bill to amend the Internal Revenue Code of 1954 to allow a deduction for one-half of the expenses paid by a self-employed taxpayer for individual health insurance premiums.

openUnited States· United States Congress· EN

Introduced

6 February 1985

Last action

14 February 1985 · Committee

Status

Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department.

Sponsors

Chuck Grassley, Sen. Dixon, Alan J. [D-IL], Sen. Exon, J. James [D-NE], Sen. Helms, Jesse [R-NC], Sen. Nickles, Don [R-OK], Sen. Pryor, David H. [D-AR], Sen. Roth Jr., William V. [R-DE], Rep. Symms, Steven D. [R-ID-1], Sen. Zorinsky, Edward [D-NE], Sen. Mattingly, Mack [R-GA], Sen. Heinz, John [R-PA], Rep. Andrews, Mark [R-ND-At Large], Sen. Thurmond, Strom [R-SC], Sen. Biden, Joseph R., Jr. [D-DE], Sen. Boren, David L. [D-OK], Sen. Bumpers, Dale [D-AR], Sen. Burdick, Quentin N. [D-ND], Sen. Bentsen, Lloyd M. [D-TX], Sen. Hollings, Ernest F. [D-SC], Rep. Kasten, Robert W., Jr. [R-WI-9], Sen. McClure, James A. [R-ID], Sen. Nunn, Sam [D-GA], Sen. Trible, Paul S., Jr. [R-VA], Rep. Harkin, Tom [D-IA-5], Sen. Specter, Arlen [R-PA], Sen. Levin, Carl [D-MI], Sen. East, John P. [R-NC], Sen. Lugar, Richard G. [R-IN], Sen. Boschwitz, Rudy [R-MN], Sen. Warner, John [R-VA]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Summary

Amends the Internal Revenue Code to provide that one-half of the cost of insurance paid by a self-employed taxpayer for medical care during the taxable year will be allowed as a business deduction.

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

Timeline

  1. 6 February 1985

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 6 February 1985

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 14 February 1985

    Committee

    Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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