US SB3112 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on December 19 2019 - 25% progression, died in committee
Action: 2019-12-19 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 19 2019 - 25% progression, died in committee
Action: 2019-12-19 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Revises provisions relating to health savings accounts (HSAs), including to redefine eligible individual for HSA purposes to allow increased participation in HSAs, increase the limit on contributions to HSAs, permit the payment of health insurance premiums from HSAs, include within the definition of qualified medical expenses periodic fees paid for medical services and amounts paid by a member of a health care sharing ministry, treat periodic provider fees as deductible medical expenses, allow payment of over-the-counter medicines or drugs from HSAs, and lower the 20% penalty for nonqualified distributions from HSAs to 10%. .
Title
Personalized Care Act of 2019
Sponsors
Sen. Ted Cruz [R-TX] | Sen. Mike Braun [R-IN] | Sen. James Risch [R-ID] | Sen. Kelly Loeffler [R-GA] |
History
Date | Chamber | Action |
---|---|---|
2019-12-19 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB5596 (Related) 2020-01-14 - Referred to the House Committee on Ways and Means.
HB6396 (Related) 2020-09-30 - Referred to the Subcommittee on Health.
HB6396 (Related) 2020-09-30 - Referred to the Subcommittee on Health.
Subjects
Bank accounts, deposits, capital
Health care costs and insurance
Income tax deductions
Religion
Taxation
Health care costs and insurance
Income tax deductions
Religion
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/3112/all-info |
Text | https://www.congress.gov/116/bills/s3112/BILLS-116s3112is.pdf |