Prescription Drug Expenses Tax Deduction.

Summary

The bill amends the state income‑tax code to allow a deduction of up to $5,000 for unreimbursed prescription medication expenses and pharmacy cost‑sharing. The deduction cannot be used for amounts already covered by a Flexible Spending Account, Health Savings Account, or another deduction in the same year. It takes effect for tax years beginning on or after Jan. 1, 2026.

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