HOUSE 603116th CongressReferred to the Subcommittee on Health.
Health Savings Account Expansion Act of 2019
- Last Action
- 3/1/2019
Actions
- 2019-03-01Referred to the Subcommittee on Health.
- 2019-01-16Referred to the House Committee on Ways and Means.
- 2019-01-16Introduced in House
- 2019-01-16Introduced in House
CRS Summary
As of 2019-01-16 (00)
Health Savings Account Expansion Act of 2019
This bill modifies the requirements for health savings accounts (HSAs) to:
- increase the maximum contribution amounts,
- permit the use of HSAs to pay health insurance premiums and for direct primary care service arrangements,
- repeal the restriction on using HSAs for over-the-counter medications,
- eliminate the requirement that a participant in an HSA be enrolled in a high deductible health care plan, and
- decrease the additional tax for HSA distributions not used for qualified medical expenses.
Cosponsors (14)
- Mark Meadows (R-NC)
- Scott Tipton (R-CO)
- Gary Palmer (R-AL)
- Matt Gaetz (R-FL)
- Andy Biggs (R-AZ)
- Bob Gibbs (R-OH)
- Paul Gosar (R-AZ)
- Duncan Hunter (R-CA)
- Jim Jordan (R-OH)
- Ralph Norman (R-SC)
- Ted Budd (R-NC)
- Chip Roy (R-TX)
- Mike Johnson (R-LA)
- Michael Cloud (R-TX)
Subjects
- Health care costs and insurance
- Health care coverage and access
- Income tax deductions
- Income tax rates
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.