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HR 694 101th Congress House Taxation Health Health insurance Income tax Insurance premiums Medical economics Self-employed Tax deductions

To increase the amount of deduction for health insurance costs of self-employed individuals.

Introduced: January 27, 1989 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 27, 1989
Referred to the House Committee on Ways and Means.
Jan 27, 1989
Introduced in House
 Plain-English summary Congressional Research Service

Amends Internal Revenue Code provisions relating to the income tax deduction for the health insurance costs of self-employed individuals to: (1) increase from 25 percent to 100 percent the allowable deduction; and (2) make the deduction permanent (under current law it will expire after tax year 1989).

What's happening now January 27, 1989

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1