Bill116th CongressFiled Jul 21, 2020Taxation
H.R. 7714
To amend the Internal Revenue Code of 1986 to reduce the floor on the deduction for medical expenses.
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 21, 2020)
This bill makes permanent the reduction in the adjusted gross income (AGI) threshold that must be exceeded before a taxpayer may claim a deduction amount for medical expenses. The reduction is from 10% to 7.5% of AGI and 5% in any taxable year beginnning in 2020 or 2021.
What just happenedJul 22, 2020
Referred to the Subcommittee on Health.
Who’s behind it
Rep. Schweikert, David [R-AZ-6](R-AZ)Sponsor
2 cosponsors2 R
2cosponsors1committees4actions2subjects
- Introduced in HouseJul 21, 2020
- Jul 22, 2020Committee
Referred to the Subcommittee on Health.
Health Subcommittee - Jul 21, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 21, 2020IntroReferralIntro-H
Introduced in House
- Jul 21, 2020IntroReferral1000
Introduced in House