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HR 1127 107th Congress House Taxation Drugs Finance and Financial Sector Health Health insurance Income tax Insurance premiums Labor and Employment Medical economics Personal income tax Prescription pricing Self-employed Tax deductions

Health Care Tax Deduction Act of 2001

Introduced: March 20, 2001 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2001
Referred to the Subcommittee on Health.
Mar 20, 2001
Referred to the House Committee on Ways and Means.
Mar 20, 2001
Sponsor introductory remarks on measure. (CR H961-962)
Mar 20, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Health Care Tax Deduction Act of 2001 - Amends the Internal Revenue Code to allow all individuals a deduction (not subject to the 7.5 percent medical deduction limitation) for amounts paid for qualifying health insurance and unreimbursed prescription drugs on behalf of the taxpayer, spouse, and dependents.

Provides self-employed individuals not otherwise covered with 100 percent coverage for health insurance and unreimbursed prescription drug costs on behalf of the taxpayer, spouse, and dependents.

Coordinates such deductions with existing individual and self-employed medical deduction provisions.

What's happening now March 27, 2001

Referred to the Subcommittee on Health.

 Committees of jurisdiction 2