Skip to main content
HR 2368 103th Congress House Taxation Caregivers Charitable contributions Geriatric nursing Geriatrics Gifts Health Income tax Individual retirement accounts Long-term care Long-term care insurance Nurses Physicians Social Welfare Tax deductions Tax exclusion Tax penalties Tax-deferred compensation plans Valuation

Older Americans Economic Security Act of 1993

Introduced: June 10, 1993 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 10, 1993
Referred to the House Committee on Ways and Means.
Jun 10, 1993
Introduced in House
 Plain-English summary Congressional Research Service

Older Americans Economic Security Act of 1993 - Amends the Internal Revenue Code to allow a tax deduction for qualified elderly care expenses which exceed five percent of the taxpayer's adjusted gross income.

Allows a charitable deduction to physicians and registered professional nurses for medical services or goods donated to elderly individuals.

Allows tax-free withdrawals from individual retirement accounts to pay long-term care expenses or to purchase insurance covering such expenses.

What's happening now June 10, 1993

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1