3.0.0 6937 2023-01-11T13:41:28Z 2023-01-11T13:41:28Z House HR 2018-09-27 115 [Congressional Record Volume 164, Number 160 (Thursday, September 27, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BERA:H.R. 6937.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H9152]]]> hsif00 Energy and Commerce Committee House Standing Referred to 2018-09-27T14:04:05Z hswm00 Ways and Means Committee House Standing Referred to 2018-09-27T14:04:00Z Increasing Access to Care Act 115 6050 HR 2018-06-08 Referred to the House Committee on Energy and Commerce. Related bill CRS Increasing Access to Care Act 115 1976 S 2017-10-17 Read twice and referred to the Committee on Finance. Related bill CRS 2018-09-27 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2018-09-27 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2018-09-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-09-27 Introduced in House IntroReferral 1000 9 Library of Congress B001287 Rep. Bera, Ami [D-CA-7] Ami Bera D CA 7 N K000382 Rep. Kuster, Ann M. [D-NH-2] Ann Kuster D NH M. 2 2018-09-27 True Taxation Bank accounts, deposits, capital Health care costs and insurance Health care coverage and access Income tax credits Income tax exclusion Tax administration and collection, taxpayers Taxation 00 2018-09-27 Introduced in House 2019-05-06T15:31:13Z Health Savings Modernization Act of 2018

This bill modifies the requirements for tax-favored health savings accounts (HSAs) to:

  • allow the high deductible health plans required for an HSA to provide certain coverage without a deductible,
  • allow HSAs to be used for the medical expenses of adult children who are under the age of 27,
  • allow excess payments of the premium assistance tax credit to be paid to the taxpayer's HSA,
  • modify the limit on out-of-pocket expenses for high deductible health plans, and
  • increase the HSA contribution limit to the amount of the limit for the sum of the deductible and out-of-pocket expenses for a high deductible health plan.

The bill also eliminates provisions in the Patient Protection and Affordable Care Act that restrict the individuals who may purchase catastrophic health plans. (Under current law, the plans are limited to individuals who are younger than 30 years of age or who have a hardship exemption.)

]]> Health Savings Modernization Act of 2018 Display Title Health Savings Modernization Act of 2018 Official Title as Introduced To amend the Internal Revenue Code of 1986 to improve health savings accounts, and for other purposes. Introduced in House IH Short Titles as Introduced Health Savings Modernization Act of 2018 Introduced in House 2018-09-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr6937ih/xml/BILLS-115hr6937ih.xml 2018-09-27 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.