Bill
Bill > HR5774
US HR5774
US HR5774To amend the Internal Revenue Code of 1986 to clarify the treatment of distributions from health savings accounts for long-term care services.
summary
Introduced
09/27/2023
09/27/2023
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 clarify the treatment of distributions from health savings accounts for long-term care services.
AI Summary
This bill amends the Internal Revenue Code of 1986 to clarify that distributions from Health Savings Accounts (HSAs) can be used to pay for qualified long-term care services, as defined in Section 7702B(c) of the Code. The amendment applies to amounts paid after the date of the bill's enactment, and does not create any inference regarding amounts paid on or before that date.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (2)
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/5774/all-info |
| BillText | https://www.congress.gov/118/bills/hr5774/BILLS-118hr5774ih.pdf |
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