,,ii #aadth ,,congress #b;d ,session ,s4 #caaa ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #bi1 #bjaf ,mr4 ,portman 7for himself and ,mr4 ,brown7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to extend the #g4e percent threshold for the medical expense deduction for individuals age #fe or older4 #a4 ,short title ,this ,act may be cited as the ,seniors ,tax ,hike ,prevention ,act of #bjaf4 #b4 ,extension of #g4e percent threshold for medical expense deduction for individuals age #fe or older 7a7 ,in general ,subsection 7f7 of section #bac of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by striking ,january #a1 #bjag and inserting ,january #a1 #bjai1 and 7#b7 by striking #bjac1 #bjad1 #bjae1 and #bjaf in the heading and inserting #bjac through #bjah4 7b7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjaf4 #c4 ,sense of the ,senate relating to offsetting revenue loss ,it is the sense of the ,senate that the reduction in revenues to the ,treasury resulting from the amendments made by section #b should be offset by means of an appropriate amendment to the ,internal ,revenue ,code of #aihf4