[Congressional Record Volume 168, Number 133 (Saturday, August 6, 2022)]
[Senate]
[Page S4338]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 5417. Mr. LEE submitted an amendment intended to be proposed to 
amendment SA 5194 proposed by Mr. Schumer to the bill H.R. 5376, to 
provide for reconciliation pursuant to title II of S. Con. Res. 14; 
which was ordered to lie on the table; as follows:

        At the end of part 9 of subtitle D of title I, insert the 
     following:

     SEC. 1390_. INCOME LIMITATION FOR INCREASED PREMIUM TAX 
                   CREDIT.

       (a) In General.--Section 36B(b)(3)(A) of the Internal 
     Revenue Code of 1986 is amended by adding at the end the 
     following new clause:
       ``(iv) Limitation for 2023 through 2025.--In the case of a 
     taxable year beginning in 2023, 2024, or 2025, the table 
     contained in clause (iii)(II) shall be applied by 
     substituting `up to 700 percent' for `and higher'.''.
       (b) Conforming Amendment.--Subparagraph (E) of section 
     36B(c)(1) of the Internal Revenue Code of 1986, as amended by 
     this Act, is further amended by striking ``In the case of a 
     taxable year'' and all that follows and inserting ``In the 
     case of--
       ``(i) a taxable year beginning in 2021 or 2022, 
     subparagraph (A) shall be applied without regard to `but does 
     not exceed 400 percent', and
       ``(ii) a taxable year beginning in 2023, 2024, or 2025, 
     subparagraph (A) shall be applied by substituting `700 
     percent' for `400 percent'.''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to taxable years beginning after December 31, 
     2022.

     SEC. 1390_. TREATMENT OF DIETARY SUPPLEMENTS AS MEDICAL 
                   EXPENSES.

       (a) In General.--Subsection (d) of section 213 of the 
     Internal Revenue Code of 1986 is amended by adding at the end 
     the following new paragraph:
       ``(12) Dietary supplements.--In the case of taxable years 
     beginning before January 1, 2024, amounts paid for dietary 
     supplements shall be treated as paid for medical care. For 
     purposes of this paragraph, the term `dietary supplement' has 
     the meaning given such term by section 201(ff) of the Federal 
     Food, Drug, and Cosmetic Act.''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to taxable years beginning after December 31, 
     2022.
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