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Bill > S125


US S125

US S125
Protecting Life in Health Savings Accounts Act


summary

Introduced
01/28/2021
In Committee
01/28/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to prohibit treatment of certain distributions and reimbursements for certain abortions as qualified medical expenses.

AI Summary

This bill amends the Internal Revenue Code to prohibit the use of Health Savings Accounts (HSAs), Archer Medical Savings Accounts (MSAs), Health Flexible Spending Arrangements (FSAs), and Health Reimbursement Arrangements (HRAs) to pay for or reimburse expenses related to abortions, except in cases of rape, incest, or when the life of the woman is endangered by the pregnancy. The amendments apply to amounts paid or expenses incurred with respect to taxable years beginning after December 31, 2021.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

Read twice and referred to the Committee on Finance. (on 01/28/2021)

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