Text: H.R.784 — 102nd Congress (1991-1992)All Information (Except Text)

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HR 784 IH
102d CONGRESS
1st Session
 H. R. 784
To amend the Internal Revenue Code of 1986 to extend the deduction for
health insurance costs of self-employed individuals for an indefinite period,
and to increase the amount of such deduction.
IN THE HOUSE OF REPRESENTATIVES
February 4, 1991
Mr. DORGAN of North Dakota (for himself, Mr. JENKINS, Mr. CHANDLER, Mr. GRANDY,
Mr. RAMSTAD, Mr. HORTON, Mr. OXLEY, Mr. VALENTINE, Mr. MACHTLEY, Ms. LONG,
Mr. HEFNER, Mr. CHAPMAN, Mr. HUGHES, Mr. ZIMMER, Mr. SUNDQUIST, Mr. KLECZKA,
Mr. KOLTER, Mr. JONTZ, Mr. MARTINEZ, Mr. WALSH, Mr. COMBEST, Mr. STENHOLM,
Mr. PRICE, Mr. SMITH of Florida, Mr. BRUCE, Mr. FORD of Tennessee, Mr. WEBER,
Mr. RAHALL, Mr. BARNARD, Mr. ENGLISH, Mr. WALKER, Mr. GEJDENSON, Mr. SYNAR,
Mr. JOHNSON of South Dakota, Mr. GALLEGLY, Mr. BURTON, Mr. EMERSON, Mr. HALL
of Texas, Ms. BYRON, Ms. PELOSI, Mr. TORRES, Mr. MOLLOHAN, Mr. KOSTMAYER,
Mr. PETERSON of Minnesota, and Mr. FOGLIETTA) introduced the following bill;
which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to extend the deduction for
health insurance costs of self-employed individuals for an indefinite period,
and to increase the amount of such deduction.
  Be it enacted by the Senate and House of Representatives of the United
  States of America in Congress assembled,
That (a) paragraph (1) of section 162(l) of the Internal Revenue Code of
1986 (relating to special rules for health insurance costs of self-employed
individuals) is amended by striking `25 percent' and inserting `the applicable
percentage'.
  (b) Paragraph (6) of section 162(l) of such Code is amended to read
  as follows:
  `(6) APPLICABLE PERCENTAGE- For purposes of paragraph (1)--
  In the case of taxable
--
   years beginning in
--The applicable
   calendar year:
--percentage is:
  1992 or 1993
--25 percent
  1994 or 1995
--50 percent
  1996 or thereafter
--100 percent.'
  (c) The amendments made by this section shall apply to taxable years
  beginning after December 31, 1991.