A bill to amend the Internal Revenue Code of 1986 to increase to 50 percent and extend for 1 year the deduction for health insurance for self-employed individuals.
Health Insurance Deduction Equity Act - Amends the Internal Revenue Code relating to the income tax deduction for the health insurance costs of self-employed individuals to: (1) increase the allowable deduction from 25 percent to 50 percent; and (2) extend the deduction until December 31, 1992 (currently, such deduction expires December 31, 1991).
Introduced in Senate
Read twice and referred to the Committee on Finance.
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