The bill aims to modify the Internal Revenue Code of 1986 by introducing a provision that permits an above-the-line deduction for health insurance premiums. This change would enable individuals to deduct their health insurance expenses from their taxable income, potentially providing financial relief and incentivizing more people to obtain and maintain health insurance coverage.
2023-01-09: Introduced in House
2023-01-09: Referred to the House Committee on Ways and Means.
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