HR 2368 · 103th Congress · Taxation

Older Americans Economic Security Act of 1993

Introduced 1993-06-10· Sponsored by Rep. Bilirakis, Michael [R-FL-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1993-06-10)

Plain Language Summary

[AI summary unavailable — showing source text] Older Americans Economic Security Act of 1993 - Amends the Internal Revenue Code to allow a tax deduction for qualified elderly care expenses which exceed five percent of the taxpayer's adjusted gross income. Allows a charitable deduction to physicians and registered professional nurses for medical services or goods donated to elderly individuals. Allows tax-free withdrawals from individual retirement accounts to pay long-term care expenses or to purchase insurance covering such expenses.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (8)

2 Democrats6 Republicans