PHIT Act of 2023
- Last Action
- 3/14/2023
Actions
- 2023-03-14Referred to the House Committee on Ways and Means.
- 2023-03-14Introduced in House
- 2023-03-14Introduced in House
CRS Summary
As of 2023-03-14 (00)
Personal Health Investment Today Act of 2023 or the PHIT Act of 2023
This bill allows a medical care tax deduction for up to $1,000 ($2,000 for a joint return or a head of household) of qualified sports and fitness expenses per year. The bill defines qualified sports and fitness expenses as amounts paid exclusively for participating in a physical activity, including (1) fitness facility memberships, (2) physical exercise or activity programs, or (3) equipment for a physical exercise or activity program.
Cosponsors (20)
- Jimmy Panetta (D-CA)
- Darin LaHood (R-IL)
- Brendan Boyle (D-PA)
- Brian Fitzpatrick (R-PA)
- Terri Sewell (D-AL)
- Mary Miller (R-IL)
- John Joyce (R-PA)
- Vern Buchanan (R-FL)
- Marc Veasey (D-TX)
- Kevin Hern (R-OK)
- Don Bacon (R-NE)
- Brad Finstad (R-MN)
- William Timmons (R-SC)
- Jefferson Van Drew (R-NJ)
- CHRISTOPHER SMITH (R-NJ)
- Glenn Grothman (R-WI)
- Charles Fleischmann (R-TN)
- Jake LaTurner (R-KS)
- Raul Ruiz (D-CA)
- Brian Higgins (D-NY)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.