H.R. 1218 · 114th Congress
Personal Health Investment Today Act
- Stage
- In committee
- Sponsor
- Charles Boustany
- Introduced
- 2015-03-03
- Latest action
- 2015-03-03 · Introduced in House
Summary
Personal Health Investment Today Act or the PHIT Act
Amends the Internal Revenue Code to allow a medical care tax deduction for up to $1,000 ($2,000 for a joint return or a head of household) of qualified sports and fitness expenses. Defines "qualified sports and fitness expenses" as amounts paid for fitness facility memberships, physical exercise programs, and exercise equipment.