Code · BILL · 116th Congress · S. 3001 (Introduced in Senate) — To provide for certain extensions with respect to the Medicare and Medicaid programs under titles XVIII and XIX of th... · Sec. 102

Sec. 102. Permanent extension of reduction in medical expense deduction floor

62 words·~1 min read·/bill/116/s/3001/is/section-102

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Section 213(a) of the Internal Revenue Code of 1986 is amended by striking 10 percent and inserting 7.5 percent . Section 213 of such Code is amended by striking subsection (f). Section 56(b)(1) of the Internal Revenue Code of 1986 is amended by striking subparagraph (B). The amendments made by this section shall apply to taxable years beginning after December 31, 2018.