DEDUCT Act

Bill: 115-hr-2647
Sponsor: full_name: Rep. Sensenbrenner, F. James, Jr. [R-WI-5]
Introduced: 2017-05-24
Policy area: Taxation
Subjects: Health care costs and insurance

Income tax deductions
Latest action: action_date: 2017-05-24
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2017-05-24
action_desc: Introduced in House
text: <p><b>Deducting Expenses Derived from Use of Care and Treatment Act or the DEDUCT Act </b></p> <p>This bill amends the Internal Revenue Code to repeal the requirement that unreimbursed medical expenses exceed 10% of a taxpayer's adjusted gross income before the taxpayer is allowed to claim an itemized deduction for the expenses. </p>

tv_txt: I 115th CONGRESS 1st Session H. R. 2647 IN THE HOUSE OF REPRESENTATIVES May 24, 2017 Mr. Sensenbrenner 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 10 percent threshold on the deduction for medical expenses.

1. Short title This Act may be cited as the Deducting Expenses Derived from Use of Care and Treatment Act or the DEDUCT Act . 2. Repeal of 10 percent threshold on deduction for medical expenses (a) In general Subsection (a) of section 213 of the Internal Revenue Code of 1986 (relating to deduction for medical expenses) is amended by striking , to the extent that such expenses exceed 10 percent of adjusted gross income . (b) Conforming amendment Section 213 of such Code (relating to special rule for 2013, 2014, 2015, and 2016) is amended by striking subsection (f). (c) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.