No Tax Breaks for Radical Corporate Activism Act

Denial of deductions for abortion-related travel: The bill prevents employers from deducting amounts paid to reimburse employees for travel for the purpose of obtaining an abortion (Section 2(a)(1)(A)).

Denial of deductions for gender transition procedures for minors: The bill prevents employers from deducting amounts paid to reimburse employees for gender transition procedures for a minor child (Section 2(a)(1)(B)).

Exception for disorders of sex development: The bill allows for deductions for services used to treat a medically verifiable disorder of sex development (Section 2(a)(2)(A)(ii)(I)).

Exception for emergency medical services: The bill allows for deductions for surgery performed because an individual suffers from a physical disorder, injury, or illness that a physician certifies would cause imminent danger of death or impairment of major bodily function (Section 2(a)(2)(A)(v)(II)).

Exception for treatment of complications: The bill allows for deductions for the treatment of any infection, injury, disease, or disorder caused or exacerbated by a gender transition procedure (Section 2(a)(2)(A)(ii)(II)).

Loss of tax deductions for abortion travel: Employers will no longer be able to claim a deduction for employee reimbursements related to travel to obtain an abortion (Section 2(a)(1)(A)).

Loss of tax deductions for gender transition procedures for minors: Employers will no longer be able to claim a deduction for expenses related to a gender transition procedure for an employee's minor child (Section 2(a)(1)(B)).

Restriction on defined gender transition procedures: The bill defines gender transition procedures broadly to include physician's services, hospital services, and prescribed drugs like puberty-blocking drugs or cross-sex hormones (Section 2(a)(2)(A)(i)).