House Bill No. 652 Summary

• Amends Section 63-3022, Idaho Code, to allow individuals to subtract amounts paid for health insurance (medical care for taxpayer, spouse, or dependents) from taxable income if not otherwise deducted.

• Health insurance deductions include hospital or medical policies, dental, vision, accident-only, self-funded employer coverage, and student health benefits.

• Allows subtraction of the portion of health insurance costs not deducted due to the 7.5% or 10% medical expense threshold limitations.

• Repeals Section 63-3022P, Idaho Code, which previously contained a separate income tax deduction for health insurance.

• Effective date: January 1, 2015.