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Allows certain payments for physical activity, fitness, and exercise — such as gym memberships, instruction, equipment, and instructional materials — to be treated as medical care for federal tax purposes, subject to annual limits and rules. The change defines what counts as a qualifying fitness facility and places limits on equipment and apparel that qualify; it applies to taxable years beginning after the law is enacted.
PHIT Act of 2025
Read twice and referred to the Committee on Finance. (text: CR S1874)
Introduced March 26, 2025 by John Thune · Last progress March 26, 2025