INCREASE IN DEDUCTION FOR HEALTH INSURANCE COSTS OF SELF-EMPLOYED INDIVIDUALS.

SEC. 934. INCREASE IN DEDUCTION FOR HEALTH INSURANCE COSTS OF SELF-EMPLOYED INDIVIDUALS. (a) In General.—The table contained in section 162(l)(1)(B) is amended to read as follows: “For taxable years beginning in calendar year— The applicable percentage is— 1997 40 1998 and 1999 45 2000 and 2001 50 2002 60 2003 through 2005 80 2006 90 2007 and thereafter 100”. (b) Effective Date.—The amendment made by this section shall apply to taxable years beginning after December 31, 1996.