Health Savings Account Expansion Act of 2017
Latest action · Jan 4, 2017 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S60-61)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 4, 2017
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Jan 4, 2017 to May 4, 2017, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-WI | Ron Johnson | Original | Jan 4, 2017 |
| R-UT | Mike Lee | May 4, 2017 |
Actions 2
Everything that happened, newest first.
- Jan 4, 2017Introduced in Senate
- Jan 4, 2017Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S60-61)
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 247 | Health Savings Account Expansion Act of 2017 | Related bill | Jan 4, 2017 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jan 4, 2017Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.