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H.R.6312 - PHIT Act115th Congress (2017-2018)

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Sponsor: Rep. Smith, Jason [R-MO-8] (Introduced 07/06/2018)
Committees: House - Ways and Means
Committee Reports: H. Rept. 115-846
Latest Action: House - 07/19/2018 Placed on the Union Calendar, Calendar No. 655.  (All Actions)

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This bill has the status Introduced

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  • Constitutional Authority Statement
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Summary: H.R.6312 — 115th Congress (2017-2018)All Information (Except Text)

Bill summaries are authored by CRS.

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Reported to House with amendment(s) (07/19/2018)

Personal Health Investment Today Act or the PHIT Act

This bill amends the Internal Revenue Code to allow a medical care tax deduction for qualified sports and fitness expenses. The deduction applies to amounts paid for: (1) fitness facility memberships, (2) physical exercise or activity programs, and (3) safety equipment for use in a physical exercise or activity program.

The overall deduction is limited to $500 per year (twice the amount in the case of a joint return or a head of household), and a deduction for safety equipment may not exceed $250. The bill requires the limits to be adjusted for inflation after 2019.

The deduction does not include expenses for golf, hunting, sailing, horseback riding, and videos or books.