S. 637Senate108th Congress (2003-2005)In Committee

Health Insurance Tax Relief Act

Introduced March 18, 2003

Legislative Activity

Stay on top of the latest movement without scrolling through every action

2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance.

March 18, 2003

View full timeline
SenateIntro Referral

Introduced in Senate

March 18, 2003

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S3883)

March 18, 2003

SenateIntro Referral

Read twice and referred to the Committee on Finance.

March 18, 2003

Floor Debate

21 members

What members said about S. 637 on the floor

5 Republicans15 Democrats1 Independent
Dianne Feinstein
Sen. Dianne FeinsteinD-CA · May 22, 2003

Mr. President, I rise today to introduce a bill to prevent unnecessary hardship for ranching families in the Sierra Nevada Mountains. This summer, restrictions imposed for the Yosemite Toad and…

Patty Murray
Sen. Patty MurrayD-WA · May 22, 2003

Mr. President, today I rise to introduce legislation to do what should have been done decades ago: fully ban asbestos in the United States. I am introducing the Ban Asbestos in America Act of 2003 to…

John F. Kerry
Sen. John F. KerryD-MA · May 22, 2003

Mr. President, I rise today with my colleague, Ms. Snowe, to introduce the Fishing Quota Act of 2003, legislation to establish national criteria governing the use of individual fishing quota IFQ…

Orrin G. Hatch
Sen. Orrin G. HatchR-UT · Mar 18, 2003

Mr. President, we have all been devastated by the repeated news flashes of violent crimes being committed against children across the Nation. In June 2002, Elizabeth Smart, a 14 year old from my home…

Arlen Specter
Sen. Arlen SpecterR-PA · May 22, 2003

Mr. President, I have sought recognition to comment on legislation I am introducing today to provide a cost-of-living, COLA, adjustment for certain veterans' benefits programs. This COLA adjustment…

Show 8 more
Jeff Bingaman
Sen. Jeff BingamanD-NM · May 22, 2003

Mr. President, I rise today to introduce the Trade Adjustment Assistance for Communities Act of 2003. This legislation is co-sponsored by Senators Baucus, Rockefeller, Daschle, Murray, Cantwell,…

Mike DeWine
Sen. Mike DeWineR-OH · Mar 18, 2003

Mr. President, I rise today with my colleague from Utah, Senator Hatch, to reintroduce the ``Comprehensive Child Protection Act of 2003''--a bill to help protect our Nation's children from child…

Max Baucus
Sen. Max BaucusD-MT · May 22, 2003

Mr. President, I rise today in support of the Trade Adjustment Assistance for Communities Act of 2003. I want to commend Senator Bingaman for introducing this bill today. He has been a strong…

Russell D. Feingold
Sen. Russell D. FeingoldD-WI · May 22, 2003

Mr. President, I am pleased today to introduce the Settlement Encouragement and Fairness Act of 2003. This bill provides that when plaintiffs bring a lawsuit that acts as a catalyst for a change in…

Patrick J. Leahy
Sen. Patrick J. LeahyD-VT · Mar 18, 2003

Mr. President, I rise to introduce, with my good friends Senator Hatch, Senator Mikulski and Senator Durbin, the Federal Prosecutors' Retirement Benefit Equity Act of 2003. This bill would correct an…

Bob Graham
Sen. Bob GrahamD-FL · May 22, 2003

Mr. President, today I am re-introducing legislation that will improve the effectiveness of one of the most successful programs we have to help Americans get affordable housing, the Low-Income…

Russell D. Feingold
Sen. Russell D. FeingoldD-WI · Mar 18, 2003

Mr. President, I am very pleased to again join with the Senator from Illinois, Mr. Durbin, as an original co-sponsor of legislation to designate more than one million acres of Bureau of Land…

Frank R. Lautenberg
Sen. Frank R. LautenbergD-NJ · May 22, 2003

Mr. President, today, I am proud to introduce, along with my colleagues Senator DeWine and Senator Feinstein, legislation which will make our roads safer and last longer. Anyone who has ever shared…

Show 11 more
Edward M. Kennedy
Sen. Edward M. KennedyD-MA · Mar 18, 2003

Mr. President, today I am introducing a bill to close an unfortunate loophole in health insurance coverage for families of Reserve and Guard members who are called up for active duty. As we face the…

Tim Johnson
Sen. Tim JohnsonD-SD · May 22, 2003

Mr. President, today, I proudly join with Senator Kerry and Senator Smith to reintroduce the Native American Small Business Development Act. This important legislation is designed to help American…

Tom Harkin
Sen. Tom HarkinD-IA · May 22, 2003

Mr. President, today I am introducing the Meat and Poultry Pathogen Reduction Act of 2003. This legislation, commonly known as Kevin's Law, is dedicated to the memory of 2-year-old Kevin Kowalcyk,…

Orrin G. Hatch
Sen. Orrin G. HatchR-UT · May 22, 2003

Mr. President, today I am pleased to introduce the ``Medicare Physician Payment Equity Act of 2003,'' a bill that corrects a long-standing inequity in Medicare reimbursement to rural physicians. I am…

Joseph R. Biden Jr.
Sen. Joseph R. Biden Jr.D-DE · May 22, 2003

Mr. President, I rise today to help introduce a bill with my good friend from California that will bring new and needed tools to the battle to end violence against children in America, whether it…

Olympia J. Snowe
Sen. Olympia J. SnoweR-ME · Mar 18, 2003

Mr. President, I rise today to introduce the ``Medicare Safety Net Act of 2003.'' I am particularly pleased to introduce this bill with my good friend and colleague, Senator Bingaman. Last year we…

Olympia J. Snowe
Sen. Olympia J. SnoweR-ME · May 22, 2003

Mr. President, I rise today, along with Senator Kerry, to introduce the Fishing Quota Act of 2003 which will address one of the most complex policy questions in fisheries management--fishing quotas.…

James M. Jeffords
Sen. James M. JeffordsI-VT · May 22, 2003

Mr. President, I am very pleased to introduce the Champlain Valley National Heritage Act of 2003. I am joined by Senator Leahy and Senators Schumer and Clinton of New York. This bill will establish a…

Christopher S. Bond
Sen. Christopher S. BondR-MO · May 22, 2003

Mr. President, I rise today to introduce legislation recognizing the historical significance of downtown Sainte Genevieve, MO. Sainte Genevieve was the first European settlement west of the…

Jon S. Corzine
Sen. Jon S. CorzineD-NJ · Mar 18, 2003

Mr. President, I rise today to introduce a very important piece of legislation, the Medicare Mental Health Modernization Act of 2003. I introduce this bill today, along with Representative Pete Stark…

Carl Levin
Sen. Carl LevinD-MI · Mar 18, 2003

Mr. President, I am introducing today along with Senators Collins, Jeffords and others the Brownfields Redevelopment Assistance Act of 2003. As a resident of Michigan I am familiar with the obstacles…

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in SenateIssued March 18, 2003
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 637 Introduced in Senate (IS)]

108th CONGRESS
1st Session
S. 637

To amend the Internal Revenue Code of 1986 to allow the first $2,000 of
health insurance premiums to be fully deductible.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

March 18, 2003

Mrs. Boxer introduced the following bill; which was read twice and
referred to the Committee on Finance

_______________________________________________________________________

A BILL

To amend the Internal Revenue Code of 1986 to allow the first $2,000 of
health insurance premiums to be fully deductible.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Health Insurance Tax Relief Act''.

SEC. 2. FIRST $2,000 OF HEALTH INSURANCE PREMIUMS FULLY DEDUCTIBLE.

(a) In General.--Subsection (a) of section 213 of the Internal
Revenue Code of 1986 (relating to medical, dental, etc., expenses) is
amended to read as follows:
``(a) Allowance of Deduction.--There shall be allowed as a
deduction the following amounts not compensated for by insurance or
otherwise--
``(1) the amount by which the amount of expenses paid
during the taxable year (reduced by the amount deductible under
paragraph (2)) for medical care of the taxpayer, the taxpayer's
spouse, and the taxpayer's dependents (as defined in section
152) exceeds 7.5 percent of adjusted gross income, plus
``(2) so much of the expenses paid during the taxable year
for insurance which constitutes medical care under subsection
(d)(1)(D) (other than for a qualified long-term care insurance
contract) for such taxpayer, spouse, and dependents as does not
exceed $2,000.''.
(b) Deduction Allowed Whether or Not Taxpayer Itemizes Deduction.--
Section 62(a) of the Internal Revenue Code of 1986 (defining adjusted
gross income) is amended by inserting after paragraph (18) the
following new paragraph:
``(19) Health insurance premiums.--The deduction allowed by
section 213(a)(2).''.
(c) Conforming Amendment.--Section 162(l)(1)(A) of the Internal
Revenue Code of 1986 (relating to special rules for health insurance
costs of self-employed individuals) is amended to read as follows:
``(A) In general.--In the case of an individual who
is an employee within the meaning of section 401(c)(1),
there shall be allowed as a deduction under this
section an amount equal to the sum of--
``(i) so much of the amount paid during the
taxable year for insurance which constitutes
medical care for the taxpayer, his spouse, and
dependents as does not exceed $2,000, plus
``(ii) the applicable percentage of the
amount so paid in excess of $2,000.''.
(d) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2002.
<all>