US SB3261 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 10 2020 - 25% progression, died in committee
Action: 2020-02-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2020 - 25% progression, died in committee
Action: 2020-02-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows tax-exempt distributions from health savings accounts (HSAs) to be used for qualified home care. Qualified home care includes a contract to provide three or more of the following services in the residence of the service recipient assistance with eating, assistance with toileting, assistance with transferring, assistance with bathing, assistance with dressing, assistance with continence, and medication adherence. The Department of Health and Human Services must carry out a campaign to increase public awareness of the in-home service expenses that are eligible for tax-free distribution from HSAs.
Title
Homecare for Seniors Act
Sponsors
| Sen. Cory Gardner [R-CO] | Sen. Kyrsten Sinema [I-AZ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-10 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2878 (Related) 2019-05-21 - Referred to the House Committee on Ways and Means.
Subjects
Aging
Bank accounts, deposits, capital
Health care costs and insurance
Health promotion and preventive care
Home and outpatient care
Income tax exclusion
Taxation
Bank accounts, deposits, capital
Health care costs and insurance
Health promotion and preventive care
Home and outpatient care
Income tax exclusion
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/3261/all-info |
| Text | https://www.congress.gov/116/bills/s3261/BILLS-116s3261is.pdf |
