US SB3621 | 2017-2018 | 115th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on November 14 2018 - 25% progression, died in committee
Action: 2018-11-14 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6966)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

A bill to amend the Internal Revenue Code of 1986 to provide for a permanent extension of the lower threshold for the medical expense deduction. This bill amends the Internal Revenue Code to make permanent the reduction in the adjusted gross income threshold that must be exceeded before a taxpayer is allowed to claim an itemized 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.)

Tracking Information

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Title

A bill to amend the Internal Revenue Code of 1986 to provide for a permanent extension of the lower threshold for the medical expense deduction.

Sponsors


History

DateChamberAction
2018-11-14SenateRead twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6966)

Same As/Similar To

HB1051 (Related) 2017-02-14 - Referred to the House Committee on Ways and Means.
HB5372 (Related) 2018-03-21 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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