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CA AB1831
Bill
Status
Introduced
2/18/2014
Primary Sponsor
Connie Conway
Click for details
AI Summary
- Allows a deduction from gross income for amounts paid for medical insurance and transportation for medical care for taxable years beginning January 1, 2014
- Modifies federal Internal Revenue Code Section 213(d)(1)(D) to enable the deduction while excluding Medicare Part B premiums and long-term care insurance
- Prohibits claiming the same medical insurance costs as an itemized deduction if claimed as a gross income deduction
- Applies to both individuals and families with income between 138 and 400 percent of the poverty level who purchase insurance through Covered California or directly from insurers
- Takes effect immediately as a tax levy
Legislative Description
California Health Insurance Fairness Act: personal income tax: deduction: medical insurance.
Last Action
In committee: Set, second hearing. Referred to REV. & TAX. suspense file. Held under submission.
5/13/2014
Committee Referrals
Revenue and Taxation2/27/2014
Full Bill Text
No bill text available