| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 2810 |
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| 5 | 5 | | To amend the Internal Revenue Code of 1986 to treat amounts paid for |
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| 6 | 6 | | private umbilical cord blood, or umbilical cord tissue, banking services |
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| 7 | 7 | | as medical care expenses. |
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| 8 | 8 | | IN THE HOUSE OF REPRESENTATIVES |
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| 9 | 9 | | APRIL10, 2025 |
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| 10 | 10 | | Mr. A |
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| 11 | 11 | | RRINGTON(for himself, Mr. PANETTA, and Mr. DAVISof North Caro- |
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| 12 | 12 | | lina) introduced the following bill; which was referred to the Committee |
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| 13 | 13 | | on Ways and Means |
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| 14 | 14 | | A BILL |
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| 15 | 15 | | To amend the Internal Revenue Code of 1986 to treat |
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| 16 | 16 | | amounts paid for private umbilical cord blood, or umbil- |
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| 17 | 17 | | ical cord tissue, banking services as medical care ex- |
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| 18 | 18 | | penses. |
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| 19 | 19 | | Be it enacted by the Senate and House of Representa-1 |
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| 20 | 20 | | tives of the United States of America in Congress assembled, 2 |
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| 21 | 21 | | SECTION 1. SHORT TITLE. 3 |
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| 22 | 22 | | This Act may be cited as the ‘‘Family Cord Blood 4 |
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| 23 | 23 | | Banking Act’’. 5 |
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| 24 | 24 | | VerDate Sep 11 2014 03:03 Apr 23, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2810.IH H2810 |
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| 25 | 25 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 26 | 26 | | •HR 2810 IH |
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| 27 | 27 | | SEC. 2. AMOUNTS PAID FOR PRIVATE UMBILICAL CORD 1 |
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| 28 | 28 | | BLOOD, OR UMBILICAL CORD TISSUE, BANK-2 |
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| 29 | 29 | | ING SERVICES TREATED AS MEDICAL CARE 3 |
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| 30 | 30 | | EXPENSES. 4 |
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| 31 | 31 | | (a) I |
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| 32 | 32 | | NGENERAL.—Section 213(d)(1) of the Internal 5 |
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| 33 | 33 | | Revenue Code of 1986 is amended by striking ‘‘or’’ at the 6 |
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| 34 | 34 | | end of subparagraph (C), by striking the period at the end 7 |
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| 35 | 35 | | of subparagraph (D) and inserting ‘‘, or’’, and by inserting 8 |
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| 36 | 36 | | after subparagraph (D) the following new subparagraph: 9 |
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| 37 | 37 | | ‘‘(E) for private umbilical cord blood, or 10 |
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| 38 | 38 | | umbilical cord tissue, banking services provided 11 |
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| 39 | 39 | | by any accredited bank which is in compliance 12 |
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| 40 | 40 | | with the regulations under section 361 of the 13 |
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| 41 | 41 | | Public Health Service Act (42 U.S.C. 264).’’. 14 |
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| 42 | 42 | | (b) E |
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| 43 | 43 | | FFECTIVEDATE.—The amendments made by 15 |
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| 44 | 44 | | this section shall apply to taxable years beginning after 16 |
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| 45 | 45 | | December 31, 2024. 17 |
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| 46 | 46 | | Æ |
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| 47 | 47 | | VerDate Sep 11 2014 03:03 Apr 23, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H2810.IH H2810 |
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| 48 | 48 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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