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Bill > HR519


US HR519

US HR519
Tax Free Health Insurance Act of 2019


summary

Introduced
01/11/2019
In Committee
03/01/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to allow a deduction for premiums for insurance which constitutes medical care. This bill allows an individual taxpayer a deduction from gross income for insurance premiums paid for the health care coverage of the taxpayer and the taxpayer's spouse and dependents. The bill makes the deduction available whether or not the taxpayer itemizes other deductions.

AI Summary

This bill, the Tax Free Health Insurance Act of 2019, allows individual taxpayers to deduct the premiums they pay for health insurance coverage for themselves, their spouse, and their dependents from their gross income, regardless of whether they itemize other deductions. The bill amends the Internal Revenue Code to create a new section 224 that provides this deduction, and it makes the deduction available starting in taxable years beginning after December 31, 2018.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (6)

Last Action

Referred to the Subcommittee on Health. (on 03/01/2019)

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