HR 111
119th Congress
House
Taxation
Health care costs and insurance
Income tax deductions
To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for health insurance premiums.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 3, 2025
Referred to the House Committee on Ways and Means.
Jan 3, 2025
Introduced in House
Plain-English summary
This bill provides a tax deduction for health insurance premiums paid to provide medical insurance coverage for an individual, the individual’s spouse, and the individual’s dependents. Under the bill, the tax deduction may be claimed as an adjustment to income (also known as an above-the-line tax deduction), which does not require the individual to itemize deductions.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1