S. 110 · 116th Congress
Medical Expense Savings Act
- Stage
- In committee
- Sponsor
- Susan Collins
- Introduced
- 2019-01-10
- Latest action
- 2019-01-10 · Introduced in Senate
Summary
Medical Expense Savings Act
This bill makes permanent the reduction in the adjusted gross income threshold that must be exceeded before a taxpayer is allowed to claim an itemized tax deduction for medical expenses. (In 2017, the threshold was temporarily reduced from 10% to 7.5% for 2017 and 2018. This bill makes the 7.5% threshold permanent.)