To amend the Internal Revenue Code of 1986 to treat amounts paid for private umbilical cord blood or umbilical cord tissue, or placental blood or placental tissue, banking services as medical care expenses.
Family Cord Blood Banking Act This bill amends the Internal Revenue Code to treat the cost of private umbilical cord blood or tissue, or placental blood or tissue, banking services as a medical care expense for purposes of the tax deduction for medical expenses.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Blood and blood diseasesCell biology and embryologyHealth care costs and insuranceIncome tax deductionsOrgan and tissue donation and transplantation
To amend the Internal Revenue Code of 1986 to treat amounts paid for private umbilical cord blood or umbilical cord tissue, or placental blood or placental tissue, banking services as medical care expenses.
USA115th CongressHR-4882| House
| Updated: 1/25/2018
Family Cord Blood Banking Act This bill amends the Internal Revenue Code to treat the cost of private umbilical cord blood or tissue, or placental blood or tissue, banking services as a medical care expense for purposes of the tax deduction for medical expenses.