WASHINGTON, D.C. — U.S. Senator Shelley Moore Capito (R-W.Va.) joined
her colleagues in reintroducing the Personal Health Investment Today (PHIT)
Act—legislation led by U.S. Senators John Thune (R-S.D.) and Chris
Murphy (D-Conn.). This bipartisan, bicameral legislation would encourage
physical activity and incentivize healthier living by allowing Americans to use
a portion of the money saved in their pre-tax health savings account (HSA) and
flexible spending account (FSA) toward qualified sports and fitness purchases,
such as gym memberships, fitness equipment, and youth sports league fees.
“As an athlete myself,
maintaining physical fitness has always been a priority,” Senator Capito
said. “I’m proud to team up with my colleagues to help introduce this
legislation, which allows West Virginians and all Americans to have the
opportunity to prioritize their own fitness goals by making sports, gym
memberships, and at-home fitness equipment more accessible and affordable
through their HSAs.”
Qualified expenses do not
include: private clubs owned and operated by members or clubs with golf, hunting,
sailing, or riding facilities. In the case of sports equipment (other than
exercise equipment), reimbursement for a single item cannot exceed $250, and
these pre-tax dollars cannot be used for general fitness apparel or footwear.
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There is a bipartisan effort in Congress to give people a tax break as an incentive to stay in shape and live a healthy lifestyle. The PHIT Act would allow