US HB408 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 9-0)
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-01-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-01-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
American Future Healthcare Act of 2017 This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: repeal the requirement that an individual making a tax deductible contribution to an HSA be covered by a high deductible health care plan; increase the maximum HSA contribution level; allow Medicare eligible individuals to contribute to an HSA; allow HSAs to be used to purchase health insurance; provide a cost-of-living adjustment for the limits on additional contributions for individuals 55 or older (catch-up contributions); require the cost-of-living adjustments to be indexed to the CPI medical care component (the medical care component for the Consumer Price Index for All Urban Consumers published by the Department of Labor); and allow a rollover of HSA amounts to a Medicare Advantage Medical Savings Account (MSA).
Title
American Future Healthcare Act of 2017
Sponsors
Rep. Steve King [R-IA] | Rep. Earl Carter [R-GA] | Rep. Louie Gohmert [R-TX] | Rep. Doug Lamborn [R-CO] |
Rep. Bruce Westerman [R-AR] | Rep. Daniel Webster [R-FL] | Rep. Tom McClintock [R-CA] | Rep. Chris Stewart [R-UT] |
Rep. Robert Wittman [R-VA] |
History
Date | Chamber | Action |
---|---|---|
2017-01-10 | House | Referred to the House Committee on Ways and Means. |
2017-01-10 | House | Introduced in House |
Subjects
Bank accounts, deposits, capital
Health care costs and insurance
Income tax deductions
Inflation and prices
Medicare
Taxation
Health care costs and insurance
Income tax deductions
Inflation and prices
Medicare
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/house-bill/408/all-info |
Text | https://www.congress.gov/115/bills/hr408/BILLS-115hr408ih.pdf |