Bills · HR 2810
IN COMMITTEE· 119TH CONGRESS
House BillHR 2810Taxation
Family Cord Blood Banking Act
INTRO APR 10· LAST ACTION APR 10
READING
1MIN
COSPONSORS
4BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it could lower the financial burden for families who choose to store their baby's umbilical cord blood and tissue. Private cord blood banking is an expensive service, and currently, those costs aren't typically tax-deductible or payable with pre-tax health funds. If this bill becomes law, it would effectively give a tax break to families using these services, potentially making them more attractive or affordable for a wider range of people. If it doesn't pass, these costs will continue to be paid with after-tax dollars and will not contribute to medical expense deductions, meaning families bear the full cost without any tax relief.
KEY PROVISIONS
3AI-extractedPROVISION 01
Amends the Internal Revenue Code of 1986 to include amounts paid for private umbilical cord blood or umbilical cord tissue banking services as medical care expenses.
This is the central change, allowing these costs to be tax-deductible or payable with pre-tax health funds.
PROVISION 02
Specifies that only services provided by accredited banks that comply with regulations under the Public Health Service Act qualify.
This ensures that only services from reputable and regulated facilities are eligible for the tax benefit.
PROVISION 03
Sets an effective date for the changes to apply to taxable years beginning after December 31, 2024.
This indicates when individuals can start claiming these expenses for tax purposes.
SPONSORSHIP
1 + 4
R· Texas
YRS IN OFFICE
—
BILLS LED
59
COSPONSOR BREAKDOWNBIPARTISAN · 100%
DEM 2 REP 2 IND 0
ACTION TIMELINE
2 EVENTSAPR 10
Introduced in House
APR 10
Referred to the House Committee on Ways and Means.
BILL INFO
TypeHouse Bill
NumberHR 2810
Congress119th
StatusIn Committee
IntroducedApr 10, 2025
Last actionApr 10, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED APR 10, 2025
House BillHR 2810Taxation
Family Cord Blood Banking Act
INTRODUCED APR 10, 2025· LAST ACTION APR 10, 2025
PASSAGE CHANCES
—%
READING
1 min
COSPONSORS
4
COMPLEXITY
Moderate
