S 653 · 119th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to treat membership in a health care sharing ministry as a medical expense, and for other purposes.

Introduced 2025-02-20· Sponsored by Sen. Budd, Ted [R-NC]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2025-02-20)

Plain Language Summary

[AI summary unavailable — showing source text] This bill provides that amounts paid for membership in a health care sharing ministry, including amounts paid for the sharing of medical expenses and administrative fees, are a tax-deductible medical expense. (Health care sharing ministries are faith-based organizations with members who share a common set of ethical or religious beliefs and who contribute regular payments to cover the medical expenses of other members.)…

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