Bill
A 4177
Overview: Bill A 4177 "Provides a tax deduction for fertility preservation services". It was introduced on January 31, 2025, has been referred to the Committee on Ways and Means, a
Overview: Bill A 4177 "Provides a tax deduction for fertility preservation services". It was introduced on January 31, 2025, has been referred to the Committee on Ways and Means, and is classified as a bill.
Purpose and Intent: The purpose of this bill is to provide a tax deduction for individuals who incur expenses for fertility preservation services, such as egg or sperm freezing.
Key Provisions:
- Allows taxpayers to deduct eligible expenses for fertility preservation services from their taxable income
- Defines "fertility preservation services" to include procedures like cryopreservation of eggs, sperm, or embryos
- Establishes eligibility requirements and limits for the tax deduction
Affected Parties and Impacts: This bill would impact individuals who have incurred expenses for fertility preservation services, by providing them with a tax deduction to help offset those costs.
Procedural and Timeline Considerations: The bill has been referred to the Committee on Ways and Means for further consideration and review.
Compiled from official sources — confirm details with the bill’s official record.
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