TEMPORARY EXTENSION OF DEDUCTION FOR HEALTH INSURANCE COSTS OF SELF-EMPLOYED INDIVIDUALS.

SEC. 13174. TEMPORARY EXTENSION OF DEDUCTION FOR HEALTH INSURANCE COSTS OF SELF-EMPLOYED INDIVIDUALS. (a) In General.— (1) Extension.— Paragraph (6) of section 162(1) (relating to special rules for health insurance costs of self-employed individuals) is amended by striking “June 30, 1992” and inserting “December 31, 1993”. (2) Conforming amendment.— Paragraph (2) of section 110(a) of the Tax Extension Act of 1991 is hereby repealed. (3) Effective date.— The amendments made by this subsection shall apply to taxable years ending after June 30, 1992. (b) Determination of Eligibility for Employer-Sponsored Health Plan.— (1) In general.— Paragraph (2)(B) of section 162(1) is amended to read as follows: “(B) Other coverage.— Paragraph (1) shall not apply to any taxpayer for any calendar month for which the taxpayer is eligible to participate in any subsidized health plan maintained by any employer of the taxpayer or of the spouse of the taxpayer.” (2) Effective date.— The amendment made by paragraph (1) shall apply to taxable years beginning after December 31, 1992.