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HR 5095 100th Congress House

A bill to amend the Internal Revenue Code of 1986 with respect to the treatment of certain amounts paid under life insurance contracts on account of illness or disability.

Introduced: July 26, 1988 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
Taxation Business and commerceCatastrophic health insuranceHealthHealth insurance
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Income taxInsuranceLife insuranceLong-term careTax exclusion
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 26, 1988
Referred to House Committee on Ways and Means.
Jul 26, 1988
Introduced in House
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 Latest action July 26, 1988

Referred to House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to treat as tax-excludible compensation for injuries or sickness any amounts received as health care benefits under a life insurance contract that are used in connection with: (1) a physical or mental condition requiring hospitalization for 150 days or longer; or (2) long-term or terminal physical or mental impairment of the taxpayer.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5095: A bill to amend the Internal Revenue Code of 1986 with respect to the treatment of certain amounts paid under life insurance contracts on account of illness or disability.. 100th Congress. Open America. https://openamerica.io/bill/100-HR-5095/
MLA
"H.R. 5095: A bill to amend the Internal Revenue Code of 1986 with respect to the treatment of certain amounts paid under life insurance contracts on account of illness or disability.." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-5095/.
Bluebook (legal)
H.R. 5095, 100th Cong. (2026), https://openamerica.io/bill/100-HR-5095/.
Markdown link
[H.R. 5095: A bill to amend the Internal Revenue Code of 1986 with respect to the treatment of certain amounts paid under life insurance contracts on account of illness or disability.](https://openamerica.io/bill/100-HR-5095/)
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