Protect healthcare access, consider consequences of limiting deductions
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Bill HB429: The Corporate Suppression of Healthcare Act This proposed legislation HB429, dubbed the "No Tax Breaks for Radical Corporate Activism Act", aims to prohibit businesses from claiming tax deductions for reimbursing expenses related to abortion access or gender-affirming care for transgender minors. By denying these deductions, it places a financial burden on companies choosing to provide such coverage to employees. The bill specifically targets transition-related treatments endorsed by medical professionals as essential for transgender youth, while permitting deductions for intersex-related procedures. This measure could significantly impact access to crucial healthcare services for employees and their families.