Halt Tax Increases on the Middle Class and Seniors Act

Bill: 114-hr-3590
Sponsor: full_name: Rep. McSally, Martha [R-AZ-2]
Introduced: 2015-09-22
Policy area: Taxation
Subjects: Health care costs and insurance

Income tax deductions
Latest action: action_date: 2016-09-14
text: Received in the Senate.

Summaries:
action_date: 2015-09-22
action_desc: Introduced in House
text: <p><strong>Halt Tax Increases on the Middle Class and Seniors Act</strong></p> <p>This bill amends the Internal Revenue Code to roll back the increased threshold for determining the amount of the tax deduction for medical expenses. Currently, individual&nbsp;taxpayers under age 65&nbsp;may only deduct those medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5% for all taxpayers.&nbsp;</p>

action_date: 2016-07-05
action_desc: Reported to House with amendment(s)
text: <p><strong>Halt Tax Increases on the Middle Class and Seniors Act</strong></p> <p>(Sec. 2) This bill amends the Internal Revenue Code to roll back the increased threshold for determining the amount of the tax deduction for medical expenses. Currently, individual&nbsp;taxpayers under age 65&nbsp;may only deduct those medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5% for all taxpayers for tax years beginning after December 31, 2015. &nbsp;</p>

action_date: 2016-09-13
action_desc: Passed House amended
text: <p>(This measure has not been amended since it was reported to the House on July 5, 2016. The summary of that version is repeated here.)</p> <p><strong>Halt Tax Increases on the Middle Class and Seniors Act</strong></p> <p>(Sec. 2) This bill amends the Internal Revenue Code to roll back the increased threshold for determining the amount of the tax deduction for medical expenses. Currently, individual&nbsp;taxpayers under age 65&nbsp;may only deduct those medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5% for all taxpayers for tax years beginning after December 31, 2015. &nbsp;</p> <p>The threshold percentage remains at 10% for purposes of computing the alternative minimum tax (AMT). </p>

tv_txt: I 114th CONGRESS 1st Session H. R. 3590 IN THE HOUSE OF REPRESENTATIVES September 22, 2015 Ms. McSally (for herself, Ms. Ros-Lehtinen , Mr. Gibson , Mr. Bishop of Michigan , Mr. Olson , Mr. Fitzpatrick , Mr. MacArthur , Mr. Webster of Florida , Ms. Sinema , Ms. Jenkins of Kansas , Mr. Dold , and Mr. Smith of Missouri ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the increase in the income threshold used in determining the deduction for medical care.

1. Short title This Act may be cited as the Halt Tax Increases on the Middle Class and Seniors Act . 2. Repeal of increase in income threshold for determining medical care deduction (a) In general Section 213(a) of the Internal Revenue Code of 1986 is amended by striking 10 percent and inserting 7.5 percent . (b) Conforming amendments (1) Section 213 of such Code is amended by striking subsection (f). (2) Section 56(b)(1)(B) of such Code is amended by striking without regard to subsection (f) of such section and inserting by substituting 10 percent for 7.5 percent . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2014.

tv_txt: IB Union Calendar No. 508 114th CONGRESS 2d Session H. R. 3590 [Report No. 114–657] IN THE HOUSE OF REPRESENTATIVES September 22, 2015 Ms. McSally (for herself, Ms. Ros-Lehtinen , Mr. Gibson , Mr. Bishop of Michigan , Mr. Olson , Mr. Fitzpatrick , Mr. MacArthur , Mr. Webster of Florida , Ms. Sinema , Ms. Jenkins of Kansas , Mr. Dold , and Mr. Smith of Missouri ) introduced the following bill; which was referred to the Committee on Ways and Means July 5, 2016 Additional sponsors: Ms. Herrera Beutler , Mr. Wittman , Mr. Hudson , Mr. Tiberi , Mr. Sam Johnson of Texas , and Mr. Boustany July 5, 2016 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed Strike out all after the enacting clause and insert the part printed in italic For text of introduced bill, see copy of bill as introduced on September 22, 2015 A BILL To amend the Internal Revenue Code of 1986 to repeal the increase in the income threshold used in determining the deduction for medical care.

1. Short title This Act may be cited as the Halt Tax Increases on the Middle Class and Seniors Act . 2. Repeal of increase in income threshold for determining medical care deduction (a) In general Section 213(a) of the Internal Revenue Code of 1986 is amended by striking 10 percent and inserting 7.5 percent . (b) Conforming amendments (1) Section 213 of such Code is amended by striking subsection (f). (2) Section 56(b)(1)(B) of such Code is amended by striking without regard to subsection (f) of such section and inserting by substituting 10 percent for 7.5 percent . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2015.

July 5, 2016 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

tv_txt: IB 114th CONGRESS 2d Session H. R. 3590 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Internal Revenue Code of 1986 to repeal the increase in the income threshold used in determining the deduction for medical care.

1. Short title This Act may be cited as the Halt Tax Increases on the Middle Class and Seniors Act . 2. Repeal of increase in income threshold for determining medical care deduction (a) In general Section 213(a) of the Internal Revenue Code of 1986 is amended by striking 10 percent and inserting 7.5 percent . (b) Conforming amendments (1) Section 213 of such Code is amended by striking subsection (f). (2) Section 56(b)(1)(B) of such Code is amended by striking without regard to subsection (f) of such section and inserting by substituting 10 percent for 7.5 percent . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2015.

Passed the House of Representatives September 13, 2016. Karen L. Haas, Clerk.

tv_txt: II 114th CONGRESS 2d Session H. R. 3590 IN THE SENATE OF THE UNITED STATES September 14, 2016 Received AN ACT To amend the Internal Revenue Code of 1986 to repeal the increase in the income threshold used in determining the deduction for medical care.

1. Short title This Act may be cited as the Halt Tax Increases on the Middle Class and Seniors Act . 2. Repeal of increase in income threshold for determining medical care deduction (a) In general Section 213(a) of the Internal Revenue Code of 1986 is amended by striking 10 percent and inserting 7.5 percent . (b) Conforming amendments (1) Section 213 of such Code is amended by striking subsection (f). (2) Section 56(b)(1)(B) of such Code is amended by striking without regard to subsection (f) of such section and inserting by substituting 10 percent for 7.5 percent . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2015.

Passed the House of Representatives September 13, 2016. Karen L. Haas, Clerk