(a) In general

Section 213(d) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph:

(12) Certain amounts paid for veterinary care treated as paid for medical care

(A) In general

An amount paid or incurred by the taxpayer during the taxable year for the following shall be treated as paid for medical care:

(i)

Any amount paid or incurred for veterinary care or a pet health insurance plan of a service animal of the taxpayer, the taxpayer’s spouse, or a dependant of the taxpayer.

(ii)

In the case of a pet of the taxpayer, the taxpayer’s spouse, or a dependent of the taxpayer, so much as does not exceed—

(I)

$1,000 of the amount paid or incurred by the taxpayer for veterinary care for such pet, and

(II)

$1,000 for a pet health insurance plan of such pet.

(iii) Pet

For purposes of this subparagraph, the term pet has the meaning given such term in section 12502(b)(9)(D) of the Agriculture Improvement Act of 2018.

(iv) Service animal

For purposes of this subparagraph, the term service animal has the meaning given such term in section 36.104 of title 28, Code of Federal Regulations (or any successor regulation).

(v) Veterinary care

For the purposes of this subparagraph, the term veterinary care means amounts paid for the diagnosis, cure, mitigation, treatment, or prevention of disease, condition, or injury, including diagnostic tests, medicine, medical equipment, nutritional products, surgery, and other services or items as authorized or prescribed by a veterinarian licensed by a State or a territory of the United States to practice veterinary medicine.

(B) Inflation adjustment

(i) In general

In the case of any taxable year beginning after 2025, each dollar amount in subparagraph (A)(ii) shall be increased by an amount equal to—

(I)

such dollar amount, multiplied by

(II)

the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which such taxable year begins determined by substituting calendar year 2024 for calendar year 2016 in subparagraph (A)(ii) thereof.

(ii) Rounding

If any increase under clause (i) is not a multiple of $50, such increase shall be rounded to the nearest multiple of $50.

(c) Effective date

The amendment made by this section shall apply to amounts paid or incurred after the date of the enactment of this Act.