electED.

HR 111 · 119th Congress — To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for health insurance premiums.

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…

Congress
119
Bill
HR 111
Status
Introduced
Introduced
2025-01-03
Latest action date
2025-01-03

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. 

This summary may describe an earlier version. Check the official record for current wording.

Latest action

Referred to the House Committee on Ways and Means.

Sponsors

Sources