Bill > S786

This bill, the Personal Health Investment Today Act of 2023 (PHIT Act of 2023), aims to promote health and prevent disease, particularly those related to being overweight or obese, by encouraging healthier lifestyles, providing financial incentives, and increasing the ability of individuals and families to participate in physical fitness activities. The key provision of the bill is to amend the Internal Revenue Code to treat certain amounts paid for physical activity, fitness, and exercise as amounts paid for medical care. This includes expenses for membership at a fitness facility, participation or instruction in physical exercise or physical activity, and equipment used in a program of physical exercise or physical activity, up to an annual limit of $1,000 ($2,000 for joint or head of household filers). The bill also defines the term "fitness facility" and provides rules for the treatment of exercise videos and equipment.

Budget and Finance

https://www.congress.gov/bill/118th-congress/senate-bill/786/all-info