Ask AI
H.R. 1270

Restoring Access to Medication and Improving Health Savings Act of 2016

Restoring Access to Medication and Improving Health Savings Act of 2016

This bill amends the Internal Revenue Code to modify the rules that apply to health savings accounts (HSAs) and overpayments of subsidies under the Patient Protection and Affordable Care Act.

Restoring Access to Medication Act of 2016

The bill repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from HSAs, medical savings accounts, and health flexible spending arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs).

Health Care Security Act of 2016

The bill modifies the rules for HSAs with respect to catch-up contributions for married couples, medical expenses incurred before an HSA is established, and contribution limits.

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.)

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.

Protecting Taxpayers by Recovering Improper Obamacare Subsidy Overpayments Act

The bill eliminates the limitation on the increase in tax imposed upon certain low-income families for advance payments of the tax credit for health insurance premium assistance that exceed the allowable amount of such credit.

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 550.

Rep. Jenkins, Lynn [R-KS-2](R-KS)Sponsor
39 cosponsors4 D35 R
39cosponsors1committees20actions1amendments6related bills3subjects
  1. Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 550.

  2. Calendars

    Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

  3. FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  4. FloorH37100

    On passage Passed by the Yeas and Nays: 243 - 164 (Roll no. 351). (text: CR H4325-4326)

  5. Floor8000

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 243 - 164 (Roll no. 351).(text: CR H4325-4326)

  6. FloorH35000

    The previous question was ordered pursuant to the rule. (consideration: CR H4330)

  7. FloorH8D000

    DEBATE - The House proceeded with one hour of debate on H.R. 1270.

  8. FloorH8D000

    Rule provides for consideration of H.R. 1270 with 1 hour of general debate. Motion to recommit with or without instructions allowed. The resolution provides that an amendment in the nature of a substitute consisting of the text of Rules Committee Print 114-60 shall be considered as adopted.

  9. FloorH30000

    Considered under the provisions of rule H. Res. 793. (consideration: CR H4325-4331)

  10. FloorH1L220

    Rule H. Res. 793 passed House.

  11. FloorH1L210

    Rules Committee Resolution H. Res. 793 Reported to House. Rule provides for consideration of H.R. 1270 with 1 hour of general debate. Motion to recommit with or without instructions allowed. The resolution provides that an amendment in the nature of a substitute consisting of the text of Rules Committee Print 114-60 shall be considered as adopted.

  12. CalendarsH12410

    Placed on the Union Calendar, Calendar No. 234.

  13. CommitteeH12200

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-308.

    Ways and Means Committee
  14. Committee5000

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-308.

    Ways and Means Committee
  15. Committee

    Ordered to be Reported (Amended) by Voice Vote.

    Ways and Means Committee
  16. Committee

    Committee Consideration and Mark-up Session Held.

    Ways and Means Committee
  17. Committee

    Referred to the Subcommittee on Health.

    Health Subcommittee
  18. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  19. IntroReferralIntro-H

    Introduced in House

  20. IntroReferral1000

    Introduced in House

Jul 6, 201636

Restoring Access to Medication and Improving Health Savings Act of 2016

This bill amends the Internal Revenue Code to modify the rules that apply to health savings accounts (HSAs) and overpayments of subsidies under the Patient Protection and Affordable Care Act.

Restoring Access to Medication Act of 2016

The bill repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from HSAs, medical savings accounts, and health flexible spending arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs).

Health Care Security Act of 2016

The bill modifies the rules for HSAs with respect to catch-up contributions for married couples, medical expenses incurred before an HSA is established, and contribution limits.

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.)

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.

Protecting Taxpayers by Recovering Improper Obamacare Subsidy Overpayments Act

The bill eliminates the limitation on the increase in tax imposed upon certain low-income families for advance payments of the tax credit for health insurance premium assistance that exceed the allowable amount of such credit.

Oct 23, 201517

Restoring Access to Medication Act of 2015

(Sec. 2) This bill repeals provisions of the Internal Revenue Code, added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings accounts, and health flexible spending arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs).

This repeal applies to drug expenses incurred after December 31, 2015.
Mar 4, 2015

Restoring Access to Medication Act of 2015

Repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings accounts, and health flexible spending arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs).

Restoring Access to Medication and Improving Health Savings Act of 2016 — Informed