Bill > HR1842

This bill proposes to amend the Internal Revenue Code to allow taxpayers to use Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) to cover veterinary expenses for both service animals and pets, with specific financial limitations. Under the proposed legislation, individuals could be reimbursed up to $1,000 for veterinary care and an additional $1,000 for pet health insurance for service animals or personal pets. The bill defines veterinary care broadly, including diagnostic tests, medicine, medical equipment, surgery, and other services prescribed by a licensed veterinarian. The legislation also includes an inflation adjustment mechanism to increase these dollar amounts annually based on the cost of living, with any increases rounded to the nearest $50. The bill defines service animals according to federal regulations and defines pets using a reference from the Agriculture Improvement Act of 2018. The provisions would apply to amounts paid or incurred after the enactment of the bill, which would be known as the "People and Animals Well-being Act" or "PAW Act of 2025".

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/1842/all-info