US HB4777 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on May 30 2014 - 25% progression, died in committee
Action: 2014-07-21 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Pending: House Subcommittee on Regulatory Reform, Commercial And Antitrust Law Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 30 2014 - 25% progression, died in committee
Action: 2014-07-21 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Pending: House Subcommittee on Regulatory Reform, Commercial And Antitrust Law Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Health Savings Act of 2014 - Amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: (1) allow an additional tax deduction for amounts paid to the HSA of a taxpayer's child or grandchild; (2) allow a rollover of HSA funds to the child, parent, or grandparent of an account holder; (3) increase the maximum HSA contribution limit; (4) allow mandatory distributions from an individual retirement account (IRA) to be paid into an HSA; (5) exempt HSAs from creditor claims in bankruptcy; and (6) expand the definition of an HSA compatible plan to include bronze, silver, and catastrophic plans on an insurance exchange.
Title
Health Savings Act of 2014
Sponsors
Rep. Michael Burgess [R-TX] | Rep. Michele Bachmann [R-MN] | Rep. Jeff Fortenberry [R-NE] | Rep. Michael McCaul [R-TX] |
History
Date | Chamber | Action |
---|---|---|
2014-07-21 | House | Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. |
2014-06-06 | House | Referred to the Subcommittee on Health. |
2014-05-30 | House | Referred to House Energy and Commerce |
2014-05-30 | House | Referred to House Judiciary |
2014-05-30 | House | Referred to House Ways and Means |
2014-05-30 | House | Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and 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. |
Same As/Similar To
HB1552 (Related) 2013-04-15 - Referred to the House Committee on Ways and Means.
Subjects
Bankruptcy
Child health
Consumer affairs
Employee benefits and pensions
Health care costs and insurance
Health care coverage and access
Income tax deductions
Income tax exclusion
Taxation
Child health
Consumer affairs
Employee benefits and pensions
Health care costs and insurance
Health care coverage and access
Income tax deductions
Income tax exclusion
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/4777/all-info |
Text | https://www.congress.gov/113/bills/hr4777/BILLS-113hr4777ih.pdf |