US SB28 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S60-61)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Health Savings Account Expansion Act of 2017 This bill amends the Internal Revenue Code to modify the requirements for health savings accounts (HSAs) to: increase the maximum contribution amounts, permit the use of HSAs to pay health insurance premiums and direct primary care expenses, repeal the restriction on using HSAs for over-the-counter medications, eliminate the requirement that a participant in an HSA be enrolled in a high deductible health care plan, and decrease the additional tax for HSA distributions not used for qualified medical expenses.

Tracking Information

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Title

Health Savings Account Expansion Act of 2017

Sponsors


History

DateChamberAction
2017-01-04SenateRead twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S60-61)

Same As/Similar To

HB247 (Same As) 2017-01-04 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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