HR 7203
117th Congress
House
Taxation
HELPS Retirees Improvement Act of 2022
Introduced: March 24, 2022
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 24, 2022
Referred to the House Committee on Ways and Means.
Mar 24, 2022
Introduced in House
Plain-English summary
Wally Bunker Healthcare Enhancement for Local Public Safety Retirees Improvement Act of 2022 or the HELPS Retirees Improvement Act of 2022
This bill increases from $3,000 to $6,000 the amount of the exclusion from gross income of distributions from a tax-exempt retirement plan for health and long-term care insurance for public safety officers. It also eliminates the requirement that insurance premiums must be paid directly to the provider of the accident or health plan or long-term care insurance contract as a condition of eligibility for the tax exclusion.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1