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HOUSE 2163116th CongressReferred to the House Committee on Ways and Means.

Freedom for Families Act

Last Action
4/9/2019

Actions

  • 2019-04-09Referred to the House Committee on Ways and Means.
  • 2019-04-09Introduced in House
  • 2019-04-09Introduced in House

CRS Summary

As of 2019-04-09 (00)

Freedom for Families Act

This bill modifies requirements for health savings accounts (HSAs) to (1) exclude from gross income HSA distributions paid or distributed during a period of qualified caregiving, (2) allow participation in an HSA without enrollment in a high deductible health plan, and (3) increase the contribution limit for HSAs.

Cosponsors (20)

  • Mark Meadows (R-NC)
  • Matt Gaetz (R-FL)
  • Louie Gohmert (R-TX)
  • Paul Gosar (R-AZ)
  • Ron Wright (R-TX)
  • Debbie Lesko (R-AZ)
  • Ralph Norman (R-SC)
  • Jody Hice (R-GA)
  • John Joyce (R-PA)
  • Mark Walker (R-NC)
  • Tom Cole (R-OK)
  • Ken Buck (R-CO)
  • Glenn Grothman (R-WI)
  • Jim Jordan (R-OH)
  • Tim Burchett (R-TN)
  • Ted Budd (R-NC)
  • Brian Mast (R-FL)
  • Ben Cline (R-VA)
  • Robert Wittman (R-VA)
  • Tom Emmer (R-MN)

Subjects

  • Bank accounts, deposits, capital
  • Health care costs and insurance
  • Income tax deductions
  • Income tax exclusion
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.