Bill115th CongressFiled Jan 4, 2017Taxation
H.R. 247
Health Savings Account Expansion Act of 2017
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 4, 2017)
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.
What just happenedJan 4, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Brat, Dave [R-VA-7](R-VA)Sponsor
18 cosponsors18 R
18cosponsors1committees3actions1related bills4subjects
- Introduced in HouseJan 4, 2017
- Jan 4, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jan 4, 2017IntroReferralIntro-H
Introduced in House
- Jan 4, 2017IntroReferral1000
Introduced in House