Sec. 213. Allowance of distributions for prescription and over-the-counter medicines and drugs
180 words·~1 min read·
/bill/115/s/222/is/section-213·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Paragraph (2)(A) of section 223(c) of the Internal Revenue Code of 1986, as redesignated by section 212, is amended by striking the last sentence thereof and inserting the following: Such term shall include an amount paid for any prescription or over-the-counter medicine or drug. . Section 220(d)(2)(A) of the Internal Revenue Code of 1986 is amended by striking the last sentence thereof and inserting the following: Such term shall include an amount paid for any prescription or over-the-counter medicine or drug. . Subsection
(f)of section 106 of the Internal Revenue Code of 1986 is amended to read as follows: For purposes of this section and section 105, reimbursement for expenses incurred for any prescription or over-the-counter medicine or drug shall be treated as a reimbursement for medical expenses. . The amendments made by subsections
(a)and
(b)shall apply to amounts paid in taxable years beginning after the date of the enactment of this Act. The amendment made by subsection
(c)shall apply to expenses incurred in plan years beginning after the date of the enactment of this Act.