arrow_back Trending Legislation
Share share

Refundable Tax Credit Established for In Vitro Fertilization Expenses.

This bill creates a new refundable tax credit designed to help families manage the high costs associated with in vitro fertilization (IVF) treatments. Citizens incurring these expenses can recover a portion of the costs through a tax refund, significantly easing the financial burden of infertility treatment. The maximum lifetime credit available to a taxpayer is set at $30,000.
Key points
Establishes a new refundable tax credit specifically for qualified in vitro fertilization (IVF) expenses.
The maximum total credit an individual can claim over their lifetime is limited to $30,000.
Expenses claimed under this credit cannot be simultaneously used for other tax deductions or credits.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
To amend the Internal Revenue Code of 1986 to establish a refundable credit for expenses incurred for in vitro fertilization.
Print number: HR 9479
Sponsor: Rep. Miller-Meeks, Mariannette [R-IA-1]
Process start date: 2024-09-06