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S 2893 108th Congress Senate

Save Act

Official title: A bill to amend the Internal Revenue Code of 1986 to allow individuals a refundable credit against income tax for the purchase of private health insurance, and for other purposes.

Introduced: October 5, 2004 Introduced by: Murkowski, Lisa Republican · Alaska See on congress.gov
Taxation CommerceCooperative societiesEconomics and Public FinanceEmployee health benefits
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Finance and Financial SectorGrants-in-aidHealthHealth insuranceIncome taxIndexing (Economic policy)Insurance premiumsLabor and EmploymentMedical savings accountsNonprofit organizationsQuality of careRiskSmall businessSocial WelfareTax credits
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 5, 2004
Read twice and referred to the Committee on Finance.
Oct 5, 2004
Sponsor introductory remarks on measure. (CR S10442-10443)
Oct 5, 2004
Introduced in Senate
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 Latest action October 5, 2004

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Save Act - Amends the Internal Revenue Code to allow: (1) individuals and families a refundable tax credit for the the cost of private health insurance; (2) advance payments of the health insurance tax credit to health insurance providers; (3) a tax deduction from gross income (available to taxpayers whether or not they itemize deductions) for premiums paid for high deductible health insurance plans; and (4) certain small business employers a general business tax credit for contributions to a health savings account.

State High Risk Pool Funding Extension Act of 2004 - Amends the Public Health Service Act to direct the Secretary of Health and Human Services to make grants to States for the establishment and operation of high risk health insurance pools and health insurance purchasing cooperatives.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 2893: Save Act. 108th Congress. Open America. https://openamerica.io/bill/108-S-2893/
MLA
"S. 2893: Save Act." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-2893/.
Bluebook (legal)
S. 2893, 108th Cong. (2026), https://openamerica.io/bill/108-S-2893/.
Markdown link
[S. 2893: Save Act](https://openamerica.io/bill/108-S-2893/)
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