S 786
118th Congress
Senate
Taxation
PHIT Act of 2023
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 2023
Read twice and referred to the Committee on Finance. (text: CR S774-775)
Mar 14, 2023
Introduced in Senate
Plain-English summary
Personal Health Investment Today Act of 2023 or the PHIT Act of 2023
This bill allows 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 participating in a physical activity, including (1) fitness facility memberships, (2) physical exercise or activity programs, or (3) equipment for a physical exercise or activity program.
What's happening now
Read twice and referred to the Committee on Finance. (text: CR S774-775)
Committees of jurisdiction
1