HR 1056 · 98th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow a deduction for the cost of medically necessary custodial care provided to elderly individuals.

Introduced 1983-01-27· Sponsored by Rep. Spence, Floyd [R-SC-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1983-01-27)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a tax deduction for a certain amount of the cost of medically necessary custodial care provided to an elderly individual (age 60 or older). Limits the amount of such deduction to $15,000 ($30,000 for joint returns), with annual cost-of-living adjustments.…

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