House Bill 7825
116th Congress(2019-2020)
PEEPS Act
Introduced
Introduced in House on Jul 29, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7825
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Pandemic Eradication and Enhanced Prevention through Savings Act or the PEEPS Act
This bill allows payment in 2020 of health insurance premiums from specified health care plans, including flexible savings accounts. It also allows payment of premiums in 2020 and 2021 for individuals not eligible for employer-sponsored coverage and allows participation in health savings accounts that do not require payment of a deductible.
The bill denies coverage as a medical expense, for purposes of a health savings account, the cost of an abortion or the cost of insurance that includes abortion coverage, with exceptions for rape, incest, or health of the mother.
July 29, 2020
07/29/2020
Referred to the Subcommittee on Select Revenue Measures.
07/29/2020
Referred to the House Committee on Ways and Means.
07/29/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:45:48 PM