[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 110 Introduced in Senate (IS)]

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116th CONGRESS
  1st Session
                                 S. 110

 To amend the Internal Revenue Code of 1986 to provide for a permanent 
    extension of the lower income threshold for the medical expense 
                               deduction.


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                   IN THE SENATE OF THE UNITED STATES

                            January 10, 2019

  Ms. Collins (for herself and Ms. Cantwell) introduced the following 
  bill; which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to provide for a permanent 
    extension of the lower income threshold for the medical expense 
                               deduction.

    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 ``Medical Expense Savings Act''.

SEC. 2. PERMANENT EXTENSION OF REDUCTION IN MEDICAL EXPENSE DEDUCTION 
              FLOOR.

    (a) Reduction.--
            (1) In general.--Section 213(a) of the Internal Revenue 
        Code of 1986 is amended by striking ``10 percent'' and 
        inserting ``7.5 percent''.
            (2) Conforming amendment.--Section 213 of such Code is 
        amended by striking subsection (f).
    (b) Repeal of Minimum Tax Preference.--Section 56(b)(1) of the 
Internal Revenue Code of 1986 is amended by striking subparagraph (B).
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2018.
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