ATFW Fitness Podcast Helps Advocate to Pass PHIT ACT 2023
PHIT ACT 2023 and how the ATFW Podcast is helping spread the word
Vancouver, Canada - June 16, 2023 / All Things Fitness & Wellness (ATFW) /
Fitness Podcast ATFW Promotes the PHIT ACT 2023
All Things Fitness and Wellness, an emerging Fitness Podcast, is on a mission for everyone to live a life fit and well! One important aspect of this mission is advocacy for the Fitness and Wellness industry on a National and International level. In the U.S. a critical piece of legislation is being presented and voted on in Washington D.C., The PHIT ACT (Personal Health Investment Today). ATFW is vigorously promoting the passing of this Bill and the efforts behind its success.
The PHIT ACT of 2023
The PHIT Act 2023 is a game-changing legislation that promotes physical fitness by making it more affordable for individuals. By providing tax deductions on qualified fitness activities, equipment, and youth sports expenses, this act encourages a more active lifestyle and reduces healthcare costs for individuals and society. Spread the word about this impactful legislation and its benefits!
Congressman Jimmy Panetta is one of the representatives leading the charge for affordable fitness by introducing the PHIT Act. This legislation would allow families to use pre-tax dollars for fitness memberships, equipment, and even youth sports leagues. Over 65 gym owners and executives stormed Capitol Hill to support this groundbreaking legislation, recognizing the importance of addressing the physical inactivity crisis and promoting active living. Encouraging healthy lifestyles can prevent chronic diseases and save lives.
The PHIT Act is a bipartisan effort, with co-sponsors from both parties in the House of Representatives. It has also gained support from major organizations such as the American Heart Association, the National Recreation and Park Association, and the Sports and Fitness Industry Association. The bill aims to make fitness more accessible and affordable for all Americans, especially those who may struggle to afford gym memberships or equipment. By incentivizing physical activity, the PHIT Act could also have a positive impact on the economy by reducing healthcare costs and increasing productivity. Overall, the PHIT Act has the potential to improve the health and well-being of millions of Americans, making it a critical piece of legislation for a healthier future.
Capitol Hill Fly-In
Fitness industry leaders from all over the country gathered in Washington D.C. for the International Health, Racquet & Sportsclub Association (IHRSA) Fly-In and Advocacy Summit. The summit focused on promoting health and wellness policies, with a special emphasis on the Personal Health Investment Today Act (PHIT Act). You can watch the special episode, Get Fit and Get Heard: IHRSA Fly-In Brings Fitness Industry Leaders to Capitol Hill, on the ATFW YouTube channel.
The PHIT Act is legislation that aims to make physical activity more affordable for Americans. It does so by allowing individuals to use pre-tax dollars from their Health Savings Accounts and Flexible Spending Accounts to pay for qualified fitness expenses like gym memberships, exercise equipment, and youth sports leagues. This makes fitness activities more accessible and affordable, helping people to stay active and healthy.
By making fitness more affordable, the PHIT Act can help more people to prioritize their health and wellness. It's a step towards a healthier America, and it's exciting to see fitness industry leaders come together to advocate for this important legislation. With the support of the IHRSA and other advocacy groups, we can continue to make progress toward a healthier and happier nation.
Unexpected Costs of Physical Inactivity on the US Military
Did you know that physical inactivity and obesity are affecting US military readiness? According to a report by the Department of Defense, over one-third of young adults aged 17-24 are too heavy to serve in the military. The DOD spends around $1.5 billion annually on obesity-related healthcare costs for service members and their families, as well as the costs of replacing unfit personnel. Active-duty military personnel lose 658,000 workdays per year due to being overweight and obese, which costs the DOD $103 million per year.
The Personal Health Investment Today Act (PHIT) is a potential solution to this issue. The act would enable Americans to use pre-tax dollars to pay for gym memberships, fitness equipment, exercise videos, and youth sports leagues. Over 65 executives and owners from gyms, studios, and supplier partners participated in the IHRSA Fly-In and Advocacy Summit to help pass the act. Let's support our military and promote a healthier future with the PHIT Act!
Support The PHIT ACT 2023
Looking for ways to support the effort on passing the PHIT ACT of 2023? Look no further than dedicated websites like https://www.passphit.org/. Although the PHIT ACT was not fully enacted in 2018 due to timing and what some would call a dysfunctional government, it is still a critical piece of legislation. As COVID-19 hit the world stage in 2019, having this Bill fully enacted would have been beneficial not only to the gym owners but more so to the gym-goers. As we have known for years and have confirmed through this pandemic, exercise and physical activity have numerous physical and mental health benefits. Keep connected with ATFW for updates on the PHIT ACT and other important fitness industry news.
The PHIT Act is an essential piece of legislation that can improve the health and well-being of millions of Americans. It encourages physical activity by making it more affordable for individuals and families, reducing healthcare costs, and increasing productivity. The support for this act from major organizations and bipartisan efforts in Congress shows its potential to make a positive impact on society. As individuals, we can also do our part by spreading the word about the PHIT Act and advocating for its passage. Let's work together towards a healthier and more active future for all.
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Original Source: https://www.atfw.ca/
COMTEX_435361397/2827/2023-06-16T16:55:24
