Section 1 Short title
This Act may be cited as the “Halt Tax Increases on the Middle Class and Seniors Act”.
Halt Tax Increases on the Middle Class and Seniors Act
A BILL
To amend the Internal Revenue Code of 1986 to repeal the increase in the income threshold used in determining the deduction for medical care.
Sec. 2 Repeal of increase in income threshold for determining medical care deduction
In general— Section 213(a) of the Internal Revenue Code of 1986 is amended by striking “10 percent” and inserting “7.5 percent”.
Conforming amendments—
Section 213 of such Code is amended by striking subsection (f).
Section 56(b)(1)(B) of such Code is amended by striking “without regard to subsection (f) of such section” and inserting “by substituting “10 percent” for “7.5 percent””.
Effective date— The amendments made by this section shall apply to taxable years beginning after December 31, 2015.