Halt Tax Increases on the Middle Class and Seniors Act

Bill: 115-hr-1051
Sponsor: full_name: Rep. McSally, Martha [R-AZ-2]
Introduced: 2017-02-14
Policy area: Taxation
Subjects: Health care costs and insurance

Income tax deductions
Latest action: action_date: 2017-02-14
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2017-02-14
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 income threshold for determining the amount of the tax deduction for medical expenses. Currently, individual&nbsp;taxpayers&nbsp;may only deduct those medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5%. </p>

tv_txt: I 115th CONGRESS 1st Session H. R. 1051 IN THE HOUSE OF REPRESENTATIVES February 14, 2017 Ms. McSally (for herself, Mr. Wittman , Mr. Olson , Mr. MacArthur , Mr. Tiberi , Ms. Jenkins of Kansas , Mr. Bishop of Michigan , Ms. Sinema , and Mr. Webster of Florida ) 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, 2016.