summary
Introduced
02/14/2017
02/14/2017
In Committee
02/14/2017
02/14/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Halt Tax Increases on the Middle Class and Seniors Act 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 taxpayers may only deduct those medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5%.
AI Summary
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 taxpayers may only deduct medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5%, effectively lowering the threshold and allowing more taxpayers, particularly middle-class individuals and seniors, to claim a larger medical expense deduction on their tax returns.
Committee Categories
Budget and Finance
Sponsors (11)
Martha McSally (R)*,
Mike Bishop (R),
Richard Hudson (R),
Lynn Jenkins (R),
Thomas MacArthur (R),
Pete Olson (R),
Kyrsten Sinema (I),
Jason Smith (R),
Patrick Tiberi (R),
Daniel Webster (R),
Rob Wittman (R),
Last Action
Referred to the House Committee on Ways and Means. (on 02/14/2017)
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/115th-congress/house-bill/1051/all-info |
| BillText | https://www.congress.gov/115/bills/hr1051/BILLS-115hr1051ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr1051/BILLS-115hr1051ih.pdf.pdf |
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