Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.3111
S.3111: Seniors Tax Hike Prevention Act of 2016
About This Bill
- Introduced June 29, 2016
- Latest Major Action June 29, 2016
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (2 Democrats, 6 Republicans)
Bill Summary
Seniors Tax Hike Prevention Act of 2016 This bill amends the Internal Revenue Code (IRC) to extend, through 2018, the rule that permits individuals who are 65 and older to deduct certain medical expenses that exceed 7.5% of adjusted gross income. (Under current law, the rule that reduces the 10% threshold for the medical expense deduction to 7.5% if a taxpayer or a taxpayer's spouse is 65 or older expires at the end of 2016.) The bill also...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
June 29, 2016 |
Read twice and referred to the Committee on Finance.
|
June 29, 2016 |
Introduced in the Senate by Rob Portman (R-Ohio) |