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S 482 115th Congress Senate Taxation Health care costs and insurance Health promotion and preventive care Income tax deductions Physical fitness and lifestyle

PHIT Act of 2017

Introduced: March 1, 2017 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
Mar 1, 2017
Read twice and referred to the Committee on Finance.
Mar 1, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Personal Health Investment Today Act of 2017 or the PHIT Act of 2017

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 per year. The bill defines "qualified sports and fitness expenses" as amounts paid exclusively for the sole purpose of participating in a physical activity, including: (1) fitness facility memberships, (2) physical exercise or activity programs, and (3) equipment for a physical exercise or activity program.

What's happening now March 1, 2017

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1