I 112th CONGRESS 1st Session H. R. 1614 IN THE HOUSE OF REPRESENTATIVES April 15, 2011 Mr. Herger (for himself, Mr. Kind, Mr. Sam Johnson of Texas, Mr. Lewis of Georgia, Mr. Akin, Mrs. Blackburn, Mr. Calvert, Mr. Duncan of Tennessee, Mr. Pitts, and Mr. Wolf) 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 treat amounts paid for umbilical cord blood banking services as medical care expenses.

1.

Short title

This Act may be cited as the Family Cord Blood Banking Act of 2011.

2.

Amounts paid for umbilical cord blood banking services treated as medical care expenses

(a)

In general

Paragraph (1) of section 213(d) of the Internal Revenue Code of 1986 (defining medical care) is amended by striking or at the end of subparagraph (C), by striking the period at the end of subparagraph (D) and inserting , or, and by inserting after subparagraph (D) the following new subparagraph: (E)for private umbilical cord blood banking services provided by any accredited umbilical cord blood bank which is in compliance with the regulations under section 361 of the Public Health Service Act (42 U.S.C. 264). . (b)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2011.