Section 9013

SEC. 9013. MODIFICATION OF ITEMIZED DEDUCTION FOR MEDICAL EXPENSES.

[a] In General- Subsection [a] of section 213 of the Internal Revenue Code of 1986 is amended by striking '7.5 percent' and inserting '10 percent'.

[b] Temporary Waiver of Increase for Certain Seniors- Section 213 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection:

'[f] Special Rule for 2013, 2014, 2015, and 2016- In the case of any taxable year beginning after December 31, 2012, and ending before January 1, 2017, subsection [a] shall be applied with respect to a taxpayer by substituting '7.5 percent' for '10 percent' if such taxpayer or such taxpayer's spouse has attained age 65 before the close of such taxable year.'.

[c] Conforming Amendment- Section 56[b][1][B] of the Internal Revenue Code of 1986 is amended by striking 'by substituting '10 percent' for '7.5 percent' and inserting 'without regard to subsection [f] of such section'.

[d] Effective Date- The amendments made by this section shall apply to taxable years beginning after December 31, 2012.