Bill 119 s 253, also known as the "Abortion Tax Deduction Act," aims to amend the Internal Revenue Code of 1986. The main purpose of this bill is to ensure that amounts paid for an abortion are not considered when calculating the deduction for medical expenses.
Currently, under the Internal Revenue Code, individuals can deduct certain medical expenses from their taxable income. However, the deduction does not apply to expenses related to abortions. This bill seeks to clarify and explicitly state that amounts paid for an abortion should not be included in the calculation of medical expenses for tax deduction purposes.
The bill does not take a stance on the issue of abortion itself, but rather focuses on the tax implications of abortion expenses. By excluding abortion expenses from the deduction for medical expenses, the bill aims to provide clarity and consistency in the tax code.
Overall, Bill 119 s 253 is a straightforward and narrowly focused piece of legislation that seeks to address a specific issue related to tax deductions for medical expenses. It does not seek to make any broader changes to the tax code or to the regulation of abortion.