[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1470 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 1470

    To amend the Internal Revenue Code of 1986 to provide that the 
 deduction for the health insurance costs of self-employed individuals 
             be allowed in determining self-employment tax.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 12, 2009

   Mr. Kind (for himself, Mr. Herger, Ms. Kosmas, and Mr. Reichert) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to provide that the 
 deduction for the health insurance costs of self-employed individuals 
             be allowed in determining self-employment tax.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Equity for Our Nation's Self-
Employed Act of 2009''.

SEC. 2. SECA TAX DEDUCTION FOR HEALTH INSURANCE COSTS.

    (a) In General.--Subsection (l) of section 162 of the Internal 
Revenue Code of 1986 (relating to special rules for health insurance 
costs of self-employed individuals) is amended by striking paragraph 
(4) and by redesignating paragraph (5) as paragraph (4).
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after the date of the enactment of this Act.
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