summary
Introduced
04/09/2019
04/09/2019
In Committee
04/09/2019
04/09/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to amend the Internal Revenue Code of 1986 to repeal the amendments made by the Patient Protection and Affordable Care Act which disqualify expenses for over-the-counter drugs under health savings accounts and health flexible spending arrangements. This bill 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).
AI Summary
This bill repeals provisions of the Internal Revenue Code that were added by the Patient Protection and Affordable Care Act (ACA), which had limited payments for medications from health savings accounts, medical savings accounts, and health flexible spending arrangements to only prescription drugs or insulin. The bill allows distributions from such accounts for over-the-counter drugs as well, restoring access to these medications through these tax-advantaged accounts.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Read twice and referred to the Committee on Finance. (on 04/09/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/1089/all-info |
| BillText | https://www.congress.gov/116/bills/s1089/BILLS-116s1089is.pdf |
| Bill | https://www.congress.gov/116/bills/s1089/BILLS-116s1089is.pdf.pdf |
Loading...