Introduced May 25, 2006 by Rep. Jerry Weller (D-IL), The Personal Health Investment Today Act (H.R. 5479), commonly known as PHIT, is legislation pending in Congress to allow for reimbursement of physical activity expenses using pre-tax dollars. PHIT would expand the definition of a medical expense to include qualified physical activities as a form of prevention. Contributions to existing pre-tax medical accounts, flexible spending accounts, re-imbursement accounts could be used to pay for physical activity expenses. The contributions are limited to $1,000 for individuals and $2,000 for families annually and would not increase existing caps on contributions to pre-tax accounts.[1]
Expenses that would be covered include:
Sponsors
Sponsor: Rep. Jerry Weller (D-IL)
Original Co-Sponsors: J [R-MN-3]; Rep. Sanford Bishop, Jr. [D-GA-2]; Rep. Bill Shuster [R-PA-9]; Rep. Adam Smith [D-WA-9]; Rep. Rick Renzi [R-AZ-1]
Co-Sponsors: Rep. Mike McIntyre [D-NC-7]; Rep. C. L.Butch Otter [R-ID-1]; Rep. John Boozman [R-AR-3]; Rep. John Culberson [R-TX-7]; Rep. Todd Platts [R-PA-19]