News & Blog
Is New Tax Bill The Key To Affordable And Equitable Fertility Treatment?
Published by Above the Law – Read the full article.
Tax policy can be a little dry, but with rising rates of infertility and concerns of substantial population shrinkage, it’s a topic that we need to tackle sooner rather than later.
Earlier this month, California Representatives Adam Schiff and Judy Chu introduced the Equal Access to Reproductive Care Act, a federal bill aimed to make the taxation of fertility treatments fairer, especially when it comes to surrogacy.
What Does It Do?
The bill is short — not even a full three pages — but if it passed, it would be big news for those unable to carry a pregnancy for themselves. The bill expands the definition of a current “medical care” tax deduction to explicitly include assisted reproduction. “Assisted reproduction” is broadly defined to include “any methods, treatments, procedures, and services for the purpose of effectuating a pregnancy and carrying it to term, including gamete and embryo donation, intrauterine insemination, in vitro fertilization, intracervical insemination, traditional reproductive surrogacy and gestational reproductive surrogacy.”