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Bill > HR7203
US HR7203
US HR7203HELPS Retirees Improvement Act of 2022 Wally Bunker Healthcare Enhancement for Local Public Safety Retirees Improvement Act of 2022
summary
Introduced
03/24/2022
03/24/2022
In Committee
03/24/2022
03/24/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to repeal the direct payment requirement on the exclusion from gross income of distributions from governmental plans for health and long-term care insurance, and for other purposes.
AI Summary
This bill, the HELPS Retirees Improvement Act of 2022 or the Wally Bunker Healthcare Enhancement for Local Public Safety Retirees Improvement Act of 2022, amends the Internal Revenue Code to increase the amount excluded from gross income for distributions from governmental retirement plans used for health and long-term care insurance for public safety officers, from $3,000 to $6,000. It also repeals the requirement that the distribution must be paid directly to the insurance provider, allowing the exclusion to apply even if the distribution is not paid directly.
Committee Categories
Budget and Finance
Sponsors (10)
Steve Chabot (R)*,
Angie Craig (D),
Bill Johnson (R),
Dan Kildee (D),
Betty McCollum (D),
Jimmy Panetta (D),
Dean Phillips (D),
María Salazar (R),
Abigail Spanberger (D),
Pete Stauber (R),
Last Action
Referred to the House Committee on Ways and Means. (on 03/24/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/7203/all-info | 03/25/2022 |
| BillText | https://www.congress.gov/117/bills/hr7203/BILLS-117hr7203ih.pdf | 03/27/2022 |
| Bill | https://www.congress.gov/117/bills/hr7203/BILLS-117hr7203ih.pdf.pdf | 03/27/2022 |
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