On March 11, 2020, the Sports & Fitness Industry Association (SFIA) will host its annual National Health Through Fitness Day to promote the Personal Health Investment Today (PHIT) Act.
The PHIT Act, allows Americans to use pre-tax dollars to pay for physical activity-related expenses to defray costs associated with having an active lifestyle. This year, celebrity athletes, the American College of Sports Medicine (ACSM), sports and fitness industry executives, and other physical activity advocates, will join SFIA in discussions on the benefits of a healthy lifestyle.
National Health Through Fitness Day has garnered success after the House of Representatives passed PHIT in 2018 and the Senate took steps to streamline the movement of PHIT at the end of the year. Last week, PHIT advocates met with the Chairman of the lead congressional tax-writing committee to promote PHIT and it was subsequently raised directly to Treasury Secretary Mnuchin at a Senate hearing. A push for PHIT’s inclusion in a bipartisan healthcare package is scheduled for a vote in May.
With the help of professional athletes including Herschel Walker, Steve Garvey, Brenda Martinez, and other notables, SFIA PHIT supporters will speak to the lifelong benefits of an active lifestyle.
To learn more about the PHIT Act and SFIA’s National Health Through Fitness Day, go here.