US HB450 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 11-0)
Status: Introduced on January 26 2011 - 25% progression, died in committee
Action: 2011-02-09 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Restoring Assistance for Families' and Seniors' Health Expenses Act of 2011- Repeals provisions of the Patient Protection and Affordable Care Act (PPACA) that: (1) increase from 7.5% to 10% the adjusted gross income threshold for claiming the tax deduction for medical expenses; (2) restrict payments from health savings accounts, medical savings accounts, and health flexible spending arrangements for medications solely to prescription drugs or insulin; (3) increase to 20% the penalty for distributions from a health savings or Archer medical savings account not used for qualified medical expenses; and (4) limit to $2,500 the annual salary reduction contribution to a health flexible spending arrangement under a cafeteria plan. Amends PPACA to treat a high deductible health plan as a qualified health plan under such Act.

Tracking Information

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Title

Restoring Assistance for Families' and Seniors' Health Expenses Act of 2011

Sponsors


History

DateChamberAction
2011-02-09HouseReferred to the Subcommittee on Health.
2011-01-26HouseReferred to House Energy and Commerce
2011-01-26HouseReferred to House Ways and Means
2011-01-26HouseReferred to the Committee on Ways and Means, and in addition to the Committee on 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.

Subjects


US Congress State Sources


Bill Comments

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