Bill
Bill > HR5709
US HR5709
US HR5709To amend the Internal Revenue Code of 1986 to allow individuals entitled to Medicare Part A to make contributions to health savings accounts.
summary
Introduced
09/26/2023
09/26/2023
In Committee
12/17/2024
12/17/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to allow individuals entitled to Medicare Part A to make contributions to health savings accounts.
AI Summary
This bill amends the Internal Revenue Code of 1986 to allow individuals entitled to Medicare Part A, which provides hospital insurance benefits, to make contributions to Health Savings Accounts (HSAs). The bill also makes related changes to the treatment of health insurance purchased from an HSA account and the coordination with the penalty on distributions not used for qualified medical expenses. These changes would apply to tax years ending after December 31, 2023.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (6)
Michelle Fischbach (R)*,
Lauren Boebert (R),
Nick Langworthy (R),
Nicole Malliotakis (R),
John Moolenaar (R),
Pete Stauber (R),
Last Action
Referred to the Subcommittee on Health. (on 12/17/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/5709/all-info |
| BillText | https://www.congress.gov/118/bills/hr5709/BILLS-118hr5709ih.pdf |
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