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S. 110

Medical Expense Savings Act

Medical Expense Savings Act

This bill makes permanent the reduction in the adjusted gross income threshold that must be exceeded before a taxpayer is allowed to claim an itemized tax 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.

Sen. Collins, Susan M. [R-ME](R-ME)Sponsor
3 cosponsors2 D1 R
3cosponsors1committees2actions3related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Medical Expense Savings Act — Informed