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United States · Bill · S

S. 494 (101st)

A bill to amend the Internal Revenue Code of 1986 to extend for 5 years, and increase the amount of, the deduction for health insurance for self-employed individuals.

referredUnited States· United States Congress· EN

Introduced

2 March 1989

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends Internal Revenue Code provisions relating to the income tax deduction for the health insurance costs of self-employed individuals to: (1) extend the deduction through 1994 (under current law it will expire after tax year 1989); and (2) increase the allowable deduction from 25 percent to 100 percent.

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Votes

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Versions

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Documents

2 official files

Sponsors

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Sources

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