H.R. 2647

DEDUCT Act

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I

115th CONGRESS

1st Session

H. R. 2647

IN THE HOUSE OF REPRESENTATIVES

May 24, 2017

Mr. Sensenbrenner 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 repeal the 10 percent threshold on the deduction for medical expenses.

1.

Short title

This Act may be cited as the Deducting Expenses Derived from Use of Care and Treatment Act or the DEDUCT Act.

2.

Repeal of 10 percent threshold on deduction for medical expenses

(a)

In general

Subsection (a) of section 213 of the Internal Revenue Code of 1986 (relating to deduction for medical expenses) is amended by striking , to the extent that such expenses exceed 10 percent of adjusted gross income.

(b)

Conforming amendment

Section 213 of such Code (relating to special rule for 2013, 2014, 2015, and 2016) is amended by striking subsection (f).

(c)

Effective date

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