Bill115th CongressFiled Jan 10, 2017Taxation
H.R. 408
American Future Healthcare 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 10, 2017)
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).
What just happenedJan 10, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. King, Steve [R-IA-4](R-IA)Sponsor
8 cosponsors8 R
8cosponsors1committees3actions5subjects
- Introduced in HouseJan 10, 2017
- Jan 10, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jan 10, 2017IntroReferralIntro-H
Introduced in House
- Jan 10, 2017IntroReferral1000
Introduced in House