Senior Health Planning Account Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 25, 2020)
Senior Health Planning Account Act
This bill allows tax-exempt senior health planning accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. The bill excludes from gross income (1) the gains that are contributed to the accounts, and (2) distributions from the accounts that are used exclusively for the health care expenses of the account beneficiary or the account beneficiary's spouse.
What just happenedFeb 25, 2020
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseFeb 25, 2020
- Feb 25, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Feb 25, 2020Committee
Referred to the Subcommittee on Health.
Health Subcommittee - Feb 25, 2020IntroReferralIntro-H
Introduced in House
- Feb 25, 2020IntroReferral1000
Introduced in House