HR 35 115th Congress House Taxation Bankruptcy Child health Employee benefits and pensions Health care costs and insurance Health care coverage and access Income tax deductions Income tax exclusion Tax treatment of families

Health Savings Act of 2017

Introduced: January 3, 2017 See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 12, 2017

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Jan 10, 2017

Referred to the Subcommittee on Health.

Jan 3, 2017

Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jan 3, 2017

Introduced in House

Plain-English summary Congressional Research Service

Health Savings Act of 2017

This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: (1) allow an additional tax deduction for amounts paid to the HSA of a taxpayer's child or grandchild; (2) allow a rollover of HSA funds to the child, parent, or grandparent of an account holder; (3) increase the maximum HSA contribution limit to match the amount of the deductible and out-of-pocket expenses under a high deductible health plan; and (4) expand the definition of an HSA compatible plan to include bronze, silver, and catastrophic plans on an insurance exchange.

The bill also amends the federal bankruptcy code to treat HSAs in the same manner as individual retirement accounts for purposes of determining exemptions from the bankruptcy estate.

What's happening now January 12, 2017

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Committees of jurisdiction 5