H.R. 73: Abortion Is Not Health Care Act of 2025
This bill is officially titled the "Abortion Is Not Health Care Act of 2025." It proposes a change to the U.S. tax code, specifically in relation to medical expense deductions. Here is a breakdown of what the bill entails:
Key Provisions
- Amendment to Tax Code: The bill seeks to amend Section 213 of the Internal Revenue Code of 1986. This section governs what medical expenses individuals can deduct from their taxable income.
- Exclusion of Abortion Costs: Under the proposed amendment, any amount paid for an abortion would not be considered a deductible medical expense. This means that individuals who incur costs for abortion services would not be able to use those expenses to lower their taxable income.
- Effective Date: If enacted, the changes would apply to taxable years beginning after the bill's enactment date. This means individuals would need to abide by these new rules for tax deductions in their future tax filings.
Implications
The bill aims to redefine the classification of abortion in the context of health care expenses in tax law. If passed, this could have several implications for individuals seeking abortions and their financial considerations regarding medical expenses.
Relevant Companies
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This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
4 bill sponsors
Actions
2 actions
| Date | Action |
|---|---|
| Jan. 03, 2025 | Introduced in House |
| Jan. 03, 2025 | Referred to the House Committee on Ways and Means. |
Corporate Lobbying
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Potentially Relevant Congressional Stock Trades
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