HR 2559 · 104th Congress · Taxation

Health Care Tax Equity Act of 1995

Introduced 1995-10-30· Sponsored by Rep. Smith, Nick [R-MI-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1995-10-30)

Plain Language Summary

[AI summary unavailable — showing source text] Health Care Tax Equity Act of 1995 - Amends the Internal Revenue Code to allow individuals an additional deduction of up to $1800 ($2400 for joint returns) for medical care not compensated for by insurance or otherwise. Reduces such deduction by the value of employer-provided medical coverage or government-paid medical expenses. Excludes such deduction when computing adjusted gross income.…

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