3.0.0 6312 2023-01-11T13:42:03Z 2023-01-11T13:42:03Z House HR 2018-07-06 115 [Congressional Record Volume 164, Number 113 (Friday, July 6, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SMITH of Missouri:H.R. 6312.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution.[Page H5991]]]> hswm00 Ways and Means Committee House Standing Reported by 2018-07-19T18:50:41Z Markup by 2018-07-11T17:41:32Z Referred to 2018-07-06T14:31:00Z H. Rept. 115-846 Restoring Access to Medication and Modernizing Health Savings Accounts Act of 2018 115 6199 HR 2018-07-26 Received in the Senate. Related bill House Related bill CRS PHIT Act 115 1267 HR 2017-03-01 Referred to the House Committee on Ways and Means. Related bill CRS Bipartisan HSA Improvement Act of 2018 115 5138 HR 2018-03-01 Referred to the House Committee on Ways and Means. Related bill CRS PHIT Act of 2017 115 482 S 2017-03-01 Read twice and referred to the Committee on Finance. Related bill CRS 2018-07-19 Placed on the Union Calendar, Calendar No. 655. Calendars H12410 2 House floor actions U00655 2018-07-19 Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-846. Committee H12200 2 House floor actions hswm00 Ways and Means Committee 2018-07-19 Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-846. Committee 5000 9 Library of Congress hswm00 Ways and Means Committee 2018-07-11 hswm00 Ways and Means Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 7. Committee 2018-07-11 hswm00 Ways and Means Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2018-07-06 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2018-07-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-07-06 Introduced in House IntroReferral 1000 9 Library of Congress S001195 Rep. Smith, Jason [R-MO-8] Jason Smith R MO 8 N K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2018-07-06 True F000466 Rep. Fitzpatrick, Brian K. [R-PA-8] Brian Fitzpatrick R PA K. 8 2018-07-11 False 2018-07-25T15:05:31Z H.R. 6312, Personal Health Investment Today Act https://www.cbo.gov/publication/54301 As reported by the House Committee on Ways and Means on July 19, 2018 Taxation Health care costs and insurance Health promotion and preventive care Income tax deductions Physical fitness and lifestyle Sports and recreation facilities Taxation 00 2018-07-06 Introduced in House 2018-08-08T13:43:26Z Personal Health Investment Today Act or the PHIT Act

This bill amends the Internal Revenue Code to allow a medical care tax deduction for qualified sports and fitness expenses. The deduction applies to amounts paid for: (1) fitness facility memberships, (2) physical exercise or activity programs, and (3) safety equipment for use in a physical exercise or activity program.

The overall deduction is limited to $500 per year (twice the amount in the case of a joint return or a head of household), and a deduction for safety equipment may not exceed $250. The bill requires the limits to be adjusted for inflation after 2019.

The deduction does not include expenses for golf, hunting, sailing, riding, and videos or books.

]]> 17 2018-07-19 Reported to House with amendment(s) 2018-08-10T13:30:58Z Personal Health Investment Today Act or the PHIT Act

This bill amends the Internal Revenue Code to allow a medical care tax deduction for qualified sports and fitness expenses. The deduction applies to amounts paid for: (1) fitness facility memberships, (2) physical exercise or activity programs, and (3) safety equipment for use in a physical exercise or activity program.

The overall deduction is limited to $500 per year (twice the amount in the case of a joint return or a head of household), and a deduction for safety equipment may not exceed $250. The bill requires the limits to be adjusted for inflation after 2019.

The deduction does not include expenses for golf, hunting, sailing, horseback riding, and videos or books.

]]> PHIT Act Display Title PHIT Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to treat certain amounts paid for physical activity, fitness, and exercise as amounts paid for medical care. Introduced in House IH Short Titles as Reported to House PHIT Act H House Short Titles as Introduced PHIT Act Short Titles as Introduced Personal Health Investment Today Act Short Titles as Reported to House Personal Health Investment Today Act H House Reported in House 2018-07-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr6312rh/xml/BILLS-115hr6312rh.xml Introduced in House 2018-07-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr6312ih/xml/BILLS-115hr6312ih.xml 2018-07-19 Placed on the Union Calendar, Calendar No. 655. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.