Alabama SB245 allows tax deductions for health care sharing expenses for members of Health Care Sharing Ministries.

Alabama SB245, the Health Care Sharing Ministries Tax Parity Act, establishes a tax deduction for members of Health Care Sharing Ministries for certain health care sharing expenses. This deduction applies to qualified individuals starting from tax years beginning on or after January 1, 2027. The deduction amount equals the total qualified health care sharing expenses paid by the qualified individual during the taxable year. The Alabama Department of Revenue will implement and administer this act, which becomes effective on October 1, 2026.

Alabama SB245 allows tax deductions for health care sharing expenses for members of Health Care Sharing Ministries.

Alabama SB245, the Health Care Sharing Ministries Tax Parity Act, establishes a tax deduction for members of Health Care Sharing Ministries for certain health care sharing expenses. This deduction applies to qualified individuals starting from tax years beginning on or after January 1, 2027. The deduction amount equals the total qualified health care sharing expenses paid by the qualified individual during the taxable year. The Alabama Department of Revenue will implement and administer this act, which becomes effective on October 1, 2026.