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S. 3621

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

This bill amends the Internal Revenue Code to make permanent the reduction in the adjusted gross income threshold that must be exceeded before a taxpayer is allowed to claim an itemized deduction for medical expenses. (In 2017, the threshold was temporarily reduced from 10% to 7.5% for 2017 and 2018. This bill makes the 7.5% threshold permanent.)

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6966)

Sen. Collins, Susan M. [R-ME](R-ME)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions2related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6966)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

A bill to amend the Internal Revenue Code of 1986 to provide for a permanent extension of … — Informed