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A bill to amend the Internal Revenue Code of 1986 to allow Federal civilian and military retirees to pay health insurance premiums on a pretax basis and to allow a deduction for TRICARE supplemental premiums.

1/16/2023, 4:47 PM

Congressional Summary of S 1022

Amends the Internal Revenue Code to permit: (1) Federal civilian and military retirees to pay Federal Employees Health Benefits Program and TRICARE supplemental premiums on a pretax basis; and (2) a deduction (available to itemizers and nonitemizers) for TRICARE supplemental premiums and enrollment fees.

Read the Full Bill

Current Status of Bill S 1022

Bill S 1022 is currently in the status of Bill Introduced since June 12, 2001. Bill S 1022 was introduced during Congress 107 and was introduced to the Senate on June 12, 2001.  Bill S 1022's most recent activity was Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6140) as of June 12, 2001

Bipartisan Support of Bill S 1022

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
36
Democrat Cosponsors
19
Republican Cosponsors
16
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 1022

Primary Policy Focus

Taxation

Potential Impact Areas

- Annuities
- Armed Forces and National Security
- Federal employees
- Finance and Financial Sector
- Flexible benefit plans
- Government Operations and Politics
- Government employees' health insurance
- Health
- Income tax
- Insurance premiums
- Labor and Employment
- Managed care
- Medical economics
- Military medicine
- Military pensions
- Personal income tax
- Retired military personnel
- Retiree health benefits
- Tax deductions

Alternate Title(s) of Bill S 1022

A bill to amend the Internal Revenue Code of 1986 to allow Federal civilian and military retirees to pay health insurance premiums on a pretax basis and to allow a deduction for TRICARE supplemental premiums.
A bill to amend the Internal Revenue Code of 1986 to allow Federal civilian and military retirees to pay health insurance premiums on a pretax basis and to allow a deduction for TRICARE supplemental premiums.

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