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US HR4600

US HR4600
Tax Free Health Insurance Act of 2014


summary

Introduced
05/07/2014
In Committee
05/07/2014
Crossed Over
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

Tax Free Health Insurance Act of 2014

AI Summary

This bill, titled the Tax Free Health Insurance Act of 2014, proposes to amend the Internal Revenue Code of 1986 to allow individuals to deduct the cost of health insurance premiums for themselves, their spouses, and dependents, provided that this insurance covers medical care and that the premiums are not already being deducted or credited elsewhere. This deduction would be available to all individuals, regardless of whether they itemize other deductions on their tax returns, and would take effect for taxable years beginning after December 31, 2014.

Committee Categories

Budget and Finance

Sponsors (22)

Last Action

Referred to the House Committee on Ways and Means. (on 05/07/2014)

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