Bill > HR4243

This bill amends the Internal Revenue Code to expand what can be considered a qualified distribution from a Health Savings Account (HSA) by introducing the concept of "qualified home care" services. Specifically, the bill allows HSA funds to be used tax-free for home care services that include assistance with basic daily living activities such as eating, toileting, transferring, bathing, dressing, continence management, and medication adherence. To qualify, these services must be provided by a state-licensed service provider or in a manner consistent with state requirements. The bill excludes home care services provided between related parties (as defined in existing tax code sections). The legislation, titled the "Homecare for Seniors Act," also requires the Department of Health and Human Services, in collaboration with the Treasury Department, to conduct a public awareness campaign about these new HSA distribution eligibilities. The changes would apply to taxable years beginning after the date of the Act's enactment, potentially providing seniors and individuals with more flexible use of their HSA funds for in-home care services.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/4243/all-info