PRIA Logo™
116-hr-7714116th Congress

To amend the Internal Revenue Code of 1986 to reduce the floor on the deduction for medical expenses.

Sponsored By: Representative Schweikert, David [R-AZ-1]

Unknown

Summary

This bill makes permanent the reduction in the adjusted gross income (AGI) threshold that must be exceeded before a taxpayer may claim a deduction amount for medical expenses. The reduction is from 10% to 7.5% of AGI and 5% in any taxable year beginnning in 2020 or 2021.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Schweikert, David [R-AZ-1]

AZ • R

Cosponsors

  • Rep. Kelly, Mike [R-PA-16]

    PA • R

    Sponsored 7/22/2020

  • Rep. Hern, Kevin [R-OK-1]

    OK • R

    Sponsored 8/21/2020

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation