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.

Fact Sheet API

Bill Number

S 1022

Introduced

Jun 12, 2001

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6140)

Sponsor

Cosponsors

Topics

Annuities Armed Forces and National Security Federal employees Finance and Financial Sector Flexible benefit plans Government employees' health insurance Government Operations and Politics 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 Taxation

Full Text

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Votes

Summary

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.

Actions

Jun 12, 2001

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6140)
Jun 12, 2001

Sponsor introductory remarks on measure. (CR S6139-6140)
Jun 12, 2001

Introduced in Senate

Amendments

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