Wednesday, May 4, 2011

On Wednesday, May 4, the House of Representatives is scheduled to consider H.R. 3, the “No Taxpayer Funding for Abortion Act.” Included in the bill are amendments to the Code to eliminate certain tax benefits relating to abortion. Among other changes, the bill would remove certain abortion-related expenses from the calculation of the itemized deduction for medical expenses exceeding 7.5% (10% after 2012) of adjusted gross income, and include in gross income any amounts used for certain abortion expenses that are distributed from Archer Medical Savings Accounts (MSAs), Health Savings Accounts (HSAs), and Health Flexible Spending Arrangements (FSAs).
These rules would not apply to abortions if: (1) the pregnancy is the result of rape or incest; or (2) the woman suffers from a physical disorder, injury, or illness, including a life-endangering physical condition caused by or arising from the pregnancy itself, that would place her in danger of death unless an abortion is performed, as certified by a physician.
The Administration says that the President would veto H.R. 3 if it is passed by Congress. 888-712-7690

No comments: