HB 1160 | Modifies the law regarding health insurance mandate for phenylketonuria and other related diseases |
SCS/HB 1160 - This act creates a tax credit for
offsetting the costs associated with providing formula and low
protein modified food products for persons suffering with PKU
and other inherited disease of amino and organic acids. The
tax credit shall be equal to the taxpayer's actual out of
pocket expenses or unreimbursed cost for such formulas or food
products minus the product of the age of the person using such
formulas or food products multiplied by one hundred. The tax
credit, however, shall not exceed two thousand dollars.
STEPHEN WITTE