3.0.0 1977 2023-01-11T13:38:15Z 2023-01-11T13:38:15Z Senate S 2017-10-18 115 ssfi00 Finance Committee Senate Standing Referred to 2017-10-18T14:22:18Z 2017-10-18 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-10-18 Introduced in Senate IntroReferral 10000 9 Library of Congress B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH N P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2017-10-18 True N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2017-10-18 True C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2017-10-18 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2017-11-02 False M001170 Sen. McCaskill, Claire [D-MO] Claire McCaskill D MO 2017-11-02 False Taxation Aging Health care costs and insurance Income tax deductions Taxation 00 2017-10-18 Introduced in Senate 2017-10-24T14:00:10Z Seniors Tax Hike Prevention Act of 2017

This bill amends the Internal Revenue Code (IRC) to extend, through 2019, the rule that permits individuals who are 65 and older to deduct certain medical expenses that exceed 7.5% of adjusted gross income. (A provision that reduced the 10% threshold for the medical expense deduction to 7.5% if a taxpayer or a taxpayer's spouse is 65 or older expired at the end of 2016.)

The bill also expresses the sense of the Senate that the reduction in revenues resulting from this bill should be offset by an appropriate amendment to the IRC.

]]> Seniors Tax Hike Prevention Act of 2017 Display Title Seniors Tax Hike Prevention Act of 2017 Short Titles as Introduced Seniors Tax Hike Prevention Act of 2017 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to extend the 7.5 percent threshold for the medical expense deduction for individuals age 65 or older. Introduced in Senate 2017-10-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1977is/xml/BILLS-115s1977is.xml 2017-10-18 Read twice and referred to the Committee on Finance. 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.