HR 7242
116th Congress
House
Taxation
Health care costs and insurance
Income tax exclusion
Medicare
Nutrition and diet
Physical fitness and lifestyle
Sports and recreation facilities
To amend the Internal Revenue Code of 1986 to permit expenditures from health savings accounts for gym memberships and costs of home gym equipment, to repeal the requirement that health plan be high deductible, and for other purposes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 18, 2020
Referred to the House Committee on Ways and Means.
Jun 18, 2020
Introduced in House
Plain-English summary
This bill modifies requirements for health savings accounts (HSAs) to allow payments from such accounts for gym memberships, home gym equipment, and dietary nutritional supplements. It also eliminates the prohibition against Medicare recipients participating in an HSA and the requirement that HSA participants be covered under a high deductible health plan.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1