[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1891 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 1891

 To amend the Internal Revenue Code of 1986 to allow an above-the-line 
    deduction for half of an individual's long-term care insurance 
                               premiums.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 2, 2009

Mr. Alexander 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 allow an above-the-line 
    deduction for half of an individual's long-term care insurance 
                               premiums.

    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 ``Sunset of Life Protection Act of 
2009''.

SEC. 2. ABOVE-THE-LINE DEDUCTION FOR HALF OF LONG-TERM CARE INSURANCE 
              PREMIUMS.

    (a) Adjusted Gross Income Threshold Not To Apply.--Subsection (a) 
of section 213 of the Internal Revenue Code of 1986 (relating to 
medical, dental, etc., expenses) is amended to read as follows:
    ``(a) Allowance of Deduction.--
            ``(1) In general.--There shall be allowed as a deduction 
        the expenses paid during the taxable year, not compensated for 
        by insurance or otherwise, for medical care of the taxpayer, 
        the taxpayer's spouse, or a dependent (as defined in section 
        152, determined without regard to subsections (b)(1), (b)(2), 
        and (d)(1)(B) thereof), to the extent that such expenses exceed 
        7.5 percent of adjusted gross income.
            ``(2) Special rules for long-term care insurance 
        premiums.--At the election of the taxpayer for the taxable 
        year, the adjusted gross income threshold in paragraph (1) 
        shall not apply to 50 percent of the eligible long-term care 
        premiums (as defined in subsection (d)(10)).''.
    (b) Deduction Allowed Whether or Not Taxpayer Itemizes 
Deductions.--Subsection (a) of section 62 of such Code (defining 
adjusted gross income) is amended by inserting after paragraph (21) the 
following new paragraph:
            ``(22) Long-term care insurance premiums.--In the case of a 
        taxpayer for whom the election under section 213(a)(2) is in 
        effect, the deduction allowed by section 213 for 50 percent of 
        the eligible long-term care premiums (as defined in section 
        213(d)(10)).''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
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