Bill Sponsor
Senate Bill 28
115th Congress(2017-2018)
Health Savings Account Expansion Act of 2017
Introduced
Introduced
Introduced in Senate on Jan 4, 2017
Overview
Text
Sponsor
Introduced
Jan 4, 2017
Latest Action
Jan 4, 2017
Origin Chamber
Senate
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
28
Congress
115
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.
Sponsorship by Party
Republican
Arizona
Republican
Wisconsin
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
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.
Text (1)
January 4, 2017
Actions (2)
01/04/2017
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S60-61)
01/04/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:35:19 PM