Bill
Bill > HR2073
US HR2073
US HR2073To amend the Internal Revenue Code of 1986 to permanently extend the 7.5 percent adjusted gross income floor for the medical expense deduction.
summary
Introduced
04/03/2019
04/03/2019
In Committee
04/03/2019
04/03/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to permanently extend the 7.5 percent adjusted gross income floor for the medical expense deduction. This bill makes permanent the reduction in the adjusted gross income threshold that must be exceeded before a taxpayer is allowed to claim an itemized tax deduction for medical expenses. (In 2017, the threshold was temporarily reduced from 10% to 7.5% for 2017 and 2018. This bill makes the 7.5% threshold permanent.)
AI Summary
This bill permanently extends the reduction in the adjusted gross income threshold that must be exceeded before a taxpayer can claim an itemized tax deduction for medical expenses. Specifically, the bill makes the 7.5% threshold permanent, which was previously a temporary reduction from the 10% threshold. This change allows more taxpayers to claim a deduction for their medical expenses.
Committee Categories
Budget and Finance
Sponsors (28)
Katie Porter (D)*,
Andy Barr (R),
Julia Brownley (D),
Angie Craig (D),
Rodney Davis (R),
Mark DeSaulnier (D),
Brian Fitzpatrick (R),
Alcee Hastings (D),
Sheila Jackson-Lee (D),
John Katko (R),
Mike Kelly (R),
John Larson (D),
Zoe Lofgren (D),
Elaine Luria (D),
Sean Maloney (D),
Kenny Marchant (R),
Alex Mooney (R),
Joe Neguse (D),
Eleanor Holmes Norton (D),
Mark Pocan (D),
Guy Reschenthaler (R),
Mary Gay Scanlon (D),
David Schweikert (R),
Chris Smith (R),
Lauren Underwood (D),
Jeff Van Drew (R),
Ann Wagner (R),
Susan Wild (D),
Last Action
Referred to the House Committee on Ways and Means. (on 04/03/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/2073/all-info |
| BillText | https://www.congress.gov/116/bills/hr2073/BILLS-116hr2073ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr2073/BILLS-116hr2073ih.pdf.pdf |
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