H.R. 3590
IntroducedHalt Tax Increases on the Middle Class and Seniors Act
Latest Action
Received in the Senate.
9/14/2016 • Senate
Summary
(This measure has not been amended since it was reported to the House on July 5, 2016. The summary of that version is repeated here.)
Halt Tax Increases on the Middle Class and Seniors Act
(Sec. 2) This bill amends the Internal Revenue Code to roll back the increased threshold for determining the amount of the tax deduction for medical expenses. Currently, individual taxpayers under age 65 may only deduct those medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5% for all taxpayers for tax years beginning after December 31, 2015.
The threshold percentage remains at 10% for purposes of computing the alternative minimum tax (AMT).
Passed House amended • 9/13/2016
CBO Cost Estimates (1)
Related Federal Spending
Sponsor & Cosponsors (18)
Party Breakdown
Sponsor
Cosponsors (17)
Bill Journey
Originated in the House
Introduced
September 22, 2015
Committee Review
June 15, 2016
Ordered to be Reported by the Yeas and Nays: 24 - 11.
Floor Debate
September 13, 2016
Passed Chamber
September 13, 2016
Other Chamber
September 14, 2016
President
Enacted into Law
Text Versions (4)
Committee Reports (1)
Related Bills (3)
H.Res. 858
Providing for consideration of the bill (H.R. 3590) to amend the Internal Revenue Code of 1986 to repeal the increase in the income threshold used in determining the deduction for medical care.
H.R. 1051
Halt Tax Increases on the Middle Class and Seniors Act
S. 3339
Halt Tax Increases on the Middle Class and Seniors Act