H.R. 245

Personal Health Investment Today Act of 2007

Latest

I

110th CONGRESS

1st Session

H. R. 245

IN THE HOUSE OF REPRESENTATIVES

January 5, 2007

Mr. Weller of Illinois introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to treat certain amounts paid for exercise equipment and physical fitness programs as amounts paid for medical care.

1.

Short title

This Act may be cited as the Personal Health Investment Today Act of 2007.

2.

Certain exercise equipment and physical fitness programs treated as medical care

(a)

In general

Subsection (d) of section 213 of the Internal Revenue Code of 1986 (relating to medical, dental, etc., expenses) is amended by adding at the end the following new paragraph:

(12)

Exercise equipment and physical fitness programs

(A)

In general

The term medical care shall include amounts paid—

(i)

to purchase or use equipment used in a program (including a self-directed program) of physical exercise, and

(ii)

to participate, or receive instruction, in a program of physical exercise.

(B)

Limitation

Amounts treated as medical care under subparagraph (A) shall not exceed $1,000 with respect to any individual for any taxable year.

.

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.