S 1350
106th Congress
Senate
Taxation
Employee health benefits
Flexible benefit plans
Health
Income tax
Labor and Employment
Managed care
Medical savings accounts
Medicare
Medicare managed care
Personal income tax
Social Welfare
Tax deductions
Tax exclusion
Medical Savings Account Improvement Act of 1999
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 1999
Read twice and referred to the Committee on Finance.
Jul 12, 1999
Sponsor introductory remarks on measure. (CR S8268-8269)
Jul 12, 1999
Introduced in Senate
Plain-English summary
Medical Savings Account Improvement Act of 1999 - Amends the Internal Revenue Code to expand the availability of medical savings accounts (MSAs) by, among other things: (1) repealing provisions limiting the number of taxpayers who may have MSAs; (2) removing restrictions concerning employment status; and (3) increasing the monthly deductible amount to 100 percent of 1/12 of the annual deductible.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1