House Bill 6312
115th Congress(2017-2018)
PHIT Act
Introduced
Introduced in House on Jul 6, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6312
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Personal Health Investment Today Act or the PHIT Act
This bill amends the Internal Revenue Code to allow a medical care tax deduction for qualified sports and fitness expenses. The deduction applies to amounts paid for: (1) fitness facility memberships, (2) physical exercise or activity programs, and (3) safety equipment for use in a physical exercise or activity program.
The overall deduction is limited to $500 per year (twice the amount in the case of a joint return or a head of household), and a deduction for safety equipment may not exceed $250. The bill requires the limits to be adjusted for inflation after 2019.
The deduction does not include expenses for golf, hunting, sailing, riding, and videos or books.
07/19/2018
Placed on the Union Calendar, Calendar No. 655.
07/19/2018
Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-846.
07/11/2018
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 7.
07/11/2018
Committee Consideration and Mark-up Session Held.
07/06/2018
Referred to the House Committee on Ways and Means.
07/06/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:42:03 PM