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S 2218 114th Congress Senate Taxation Health care costs and insurance Health promotion and preventive care Income tax deductions Physical fitness and lifestyle

PHIT Act of 2015

Introduced: October 29, 2015 Introduced by: Thune, John Republican · South Dakota See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 29, 2015
Read twice and referred to the Committee on Finance.
Oct 29, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

Personal Health Investment Today Act of 2015 or the PHIT Act of 2015

This bill amends the Internal Revenue Code to allow a medical care tax deduction for up to $1,000 ($2,000 for a joint return or a head of household) of qualified sports and fitness expenses. The bill defines "qualified sports and fitness expenses" as amounts paid exclusively for the sole purpose of participating in a physical activity, including: (1) for membership at a fitness facility, (2) for participation or instruction in physical exercise or activity, or (3) for equipment used in a program (including a self-directed program) of physical exercise or activity.

What's happening now October 29, 2015

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1