HR 111 · To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for health insurance premiums.
Referred to the House Committee on Ways and Means.
- Introduced
- Jan 3, 2025
- Latest action
- Jan 3, 2025
- Sponsor
- Rep. Andy Biggs [R-AZ-5]
- Policy area
- Taxation
- Cosponsors
- 0
Summary
This bill provides a tax deduction for health insurance premiums paid to provide medical insurance coverage for an individual, the individual’s spouse, and the individual’s dependents. Under the bill, the tax deduction may be claimed as an adjustment to income (also known as an above-the-line tax deduction), which does not require the individual to itemize deductions.
Recent actions
- Jan 3, 2025 Referred to the House Committee on Ways and Means.
- Jan 3, 2025 Introduced in House
- Jan 3, 2025 Introduced in House
Votes
No recorded votes are available for this bill.