Bill Summary & Status for the 106th Congress

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H.R.4234
Sponsor: Rep Foley, Mark(introduced 4/11/2000)
Latest Major Action: 4/24/2000 Referred to House subcommittee
Title: To amend the Internal Revenue Code of 1986 to allow individuals who have attained age 65 a credit against income tax for certain drug and health insurance expenses.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
4/11/2000:
Referred to the House Committee on Ways and Means.
4/24/2000:
Referred to the Subcommittee on Health.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSOR(S):

***NONE***

SUMMARY AS OF:
4/11/2000--Introduced.

Prescription Drug Assistance Act of 2000 - Amends the Internal Revenue Code to provide a tax credit of up to $500 for individuals age 65 and older for: (1) any drug prescribed for such individual or his or her spouse; and (2) coverage of such individual or spouse under either a Medicare (title XXVIII of the Social Security Act) supplemental policy providing coverage for prescription drugs or a Medicare+Choice plan providing such coverage.