S 28
115th Congress
Senate
Taxation
Health care costs and insurance
Health care coverage and access
Income tax deductions
Income tax rates
Health Savings Account Expansion Act of 2017
Introduced: January 4, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 4, 2017
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S60-61)
Jan 4, 2017
Introduced in Senate
Plain-English summary
Health Savings Account Expansion Act of 2017
This bill amends the Internal Revenue Code to modify the requirements for health savings accounts (HSAs) to:
- increase the maximum contribution amounts,
- permit the use of HSAs to pay health insurance premiums and direct primary care expenses,
- 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.
What's happening now
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S60-61)
Committees of jurisdiction
1