[Congressional Record Volume 163, Number 194 (Wednesday, November 29, 2017)]
[Senate]
[Pages S7413-S7414]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1611. Ms. COLLINS submitted an amendment intended to be proposed
by
[[Page S7414]]
her to the bill H.R. 1, to provide for reconciliation pursuant to
titles II and V of the concurrent resolution on the budget for fiscal
year 2018; which was ordered to lie on the table; as follows:
At the end of part III of subtitle A of title I, insert the
following:
SEC. 11030. TEMPORARY REDUCTION IN MEDICAL EXPENSE DEDUCTION
FLOOR.
(a) In General.--Subsection (f) of section 213 is amended
to read as follows:
``(f) Special Rules for 2013 Through 2018.--In the case of
any taxable year--
``(1) beginning after December 31, 2012, and ending before
January 1, 2017, in the case of a taxpayer if such taxpayer
or such taxpayer's spouse has attained age 65 before the
close of such taxable year, and
``(2) beginning after December 31, 2016, and ending before
January 1, 2019, in the case of any taxpayer,
subsection (a) shall be applied with respect to a taxpayer by
substituting `7.5 percent' for `10 percent'.''.
(b) Effective Date.--The amendment made by subsection (a)
shall apply to taxable years beginning after December 31,
2016.
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