This bill would change the Internal Revenue Code to treat certain amounts paid for physical activity, fitness, and exercise as amounts paid for medical care. It defines "qualified sports and fitness expenses" to include fitness facility memberships, participation or instruction in physical exercise or activity, and equipment used in exercise programs. The bill sets rules for what counts as a fitness facility and limits on equipment and apparel. It also sets an annual dollar limit and an effective date.
If you pay for eligible fitness costs and you claim medical expense deductions under Internal Revenue Code section 213, this bill would allow some of those costs to be treated as medical care. Eligibility depends on the type of expense, where the activity occurs, and the yearly limits the bill sets.
The bill states its purpose is to promote health and prevent disease, especially conditions tied to overweight or obesity, by encouraging healthier lifestyles, providing financial incentives to reduce the financial burden of healthy behavior, and increasing families' ability to participate in physical fitness activities.
No publicly available information.