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Bill115th CongressFiled Jul 3, 2018Taxation
H.R. 6306

Health Care Security Act of 2018

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house with amendment(s) (Jul 19, 2018)

Health Care Security Act of 2018

This bill amends the Internal Revenue Code to modify the rules for health savings accounts (HSAs) with respect to contribution limits, catch-up contributions for married couples, and medical expenses incurred before an HSA is established.

The bill increases the maximum contribution limits for HSAs to equal the maximum for the sum of the annual deductible and out-of-pocket expenses that may be required to be paid for covered benefits under a high deductible health plan.

If both spouses of a married couple have family coverage under a high deductible health plan, each spouse may make catch-up contributions to the same HSA. (Catch-up contributions are additional contributions which individuals who are at least 55 years of age may make to an HSA.)

If an HSA is established within 60 days of the beginning of coverage under a high deductible health plan, any distribution from the HSA used to pay a qualified medical expense incurred during that 60-day period after the health coverage began is excludible from gross income. (Under current law, the medical expense must be incurred on or after the date that the HSA is established.)

What just happenedJul 19, 2018

Placed on the Union Calendar, Calendar No. 656.

Who’s behind it

Rep. Paulsen, Erik [R-MN-3](R-MN)Sponsor
Read on Congress.gov
1committees8actions4related bills4subjects
  1. Jul 19, 2018CalendarsH12410

    Placed on the Union Calendar, Calendar No. 656.

  2. Jul 19, 2018CommitteeH12200

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-847.

    Ways and Means Committee
  3. Jul 19, 2018Committee5000

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-847.

    Ways and Means Committee
  4. Jul 11, 2018Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 22 - 16.

    Ways and Means Committee
  5. Jul 11, 2018Committee

    Committee Consideration and Mark-up Session Held.

    Ways and Means Committee
  6. Jul 3, 2018IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  7. Jul 3, 2018IntroReferralIntro-H

    Introduced in House

  8. Jul 3, 2018IntroReferral1000

    Introduced in House

Reported to House with amendment(s)Jul 19, 201817

Health Care Security Act of 2018

This bill amends the Internal Revenue Code to modify the rules for health savings accounts (HSAs) with respect to contribution limits, catch-up contributions for married couples, and medical expenses incurred before an HSA is established.

The bill increases the maximum contribution limits for HSAs to equal the maximum for the sum of the annual deductible and out-of-pocket expenses that may be required to be paid for covered benefits under a high deductible health plan.

If both spouses of a married couple have family coverage under a high deductible health plan, each spouse may make catch-up contributions to the same HSA. (Catch-up contributions are additional contributions which individuals who are at least 55 years of age may make to an HSA.)

If an HSA is established within 60 days of the beginning of coverage under a high deductible health plan, any distribution from the HSA used to pay a qualified medical expense incurred during that 60-day period after the health coverage began is excludible from gross income. (Under current law, the medical expense must be incurred on or after the date that the HSA is established.)

Introduced in HouseJul 3, 2018

This bill amends the Internal Revenue Code to modify the rules for health savings accounts (HSAs) with respect to contribution limits, catch-up contributions for married couples, and medical expenses incurred before an HSA is established.

The bill increases the maximum contribution limits for HSAs to equal the maximum for the sum of the annual deductible and out-of-pocket expenses that may be required to be paid for covered benefits under a high deductible health plan.

If both spouses of a married couple have family coverage under a high deductible health plan, each spouse may make catch-up contributions to the same HSA. (Catch-up contributions are additional contributions which individuals who are at least 55 years of age may make to an HSA.)

If an HSA is established within 60 days of the beginning of coverage under a high deductible health plan, any distribution from the HSA used to pay a qualified medical expense incurred during that 60-day period after the health coverage began is excludible from gross income. (Under current law, the medical expense must be incurred on or after the date that the HSA is established.)

Health Care Security Act of 2018 — Informed