US Congress House Bill 8032 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 14-0)
Status: Introduced on August 14 2020 - 25% progression, died in committee
Action: 2020-08-14 - Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Revises provisions relating to health savings accounts (HSAs). Specifically, the bill repeals the annual limitation on tax-deductible contributions to HSAs by plan participants and their employers; eliminates the requirement that an HSA participant must be enrolled in a high deductible health plan as a condition of eligibility; expands qualified medical expenses to include prescription and over-the-counter drugs; allows payments from HSAs for health insurance premiums; allows payment of medical expenses incurred prior to the establishment of an HSA and correction of administrative errors prior to the due date of an applicable tax return; allows a tax-free rollover of amounts in an HSA, upon the death of an account holder, to the account holder's child, parent, or grandparent; and extends bankruptcy protections to HSAs on the same basis as tax-preferred retirement plans.

Health Savings Accounts For All Act of 2020

Rep. Andy Biggs [R-AZ]	Rep. Russ Fulcher [R-ID]	Rep. Scott Perry [R-PA]	Rep. Troy Balderson [R-OH]
Rep. Debbie Lesko [R-AZ]	Rep. Paul Gosar [R-AZ]	Rep. Jody Hice [R-GA]	Rep. Chris Stewart [R-UT]
Rep. Andy Harris [R-MD]	Rep. Ted Yoho [R-FL]	Rep. Chip Roy [R-TX]	Rep. Roger Williams [R-TX]
Rep. Jeff Duncan [R-SC]	Rep. Louie Gohmert [R-TX]

Date	Chamber	Action
2020-08-14	House	Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2020-08-14	House	Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2020-08-14	House	Introduced in House

SB4367 (Related) 2020-07-29 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/8032/all-info
Text	https://www.congress.gov/116/bills/hr8032/BILLS-116hr8032ih.pdf