3.0.0 8473 2023-01-11T13:44:36Z 2023-01-11T13:44:36Z House HR 2020-10-01 116 [Congressional Record Volume 166, Number 171 (Thursday, October 1, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GONZALEZ of Ohio:H.R. 8473.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18To make all Laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department of Officer thereof.[Page H5639]]]> hsif00 Energy and Commerce Committee House Standing Referred to 2020-10-01T13:06:05Z hswm00 Ways and Means Committee House Standing Referred to 2020-10-01T13:06:00Z Fair Care Act of 2020 116 4796 S 2020-10-05 Read twice and referred to the Committee on Finance. Related bill CRS Fair Care Act of 2020 116 8527 HR 2020-10-02 Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Education and Labor, the Judiciary, Oversight and Reform, House Administration, Rules, the Budget, and Armed Services, 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. Related bill CRS 2020-10-01 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 2020-10-01 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 2020-10-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-10-01 Introduced in House IntroReferral 1000 9 Library of Congress G000588 Rep. Gonzalez, Anthony [R-OH-16] Anthony Gonzalez R OH 16 N W000821 Rep. Westerman, Bruce [R-AR-4] Bruce Westerman R AR 4 2020-10-01 True Taxation Aging Bank accounts, deposits, capital Congressional oversight Disability and paralysis Government lending and loan guarantees Government studies and investigations Government trust funds Health care costs and insurance Income tax deductions Income tax exclusion Intergovernmental relations Life, casualty, property insurance Long-term, rehabilitative, and terminal care Marriage and family status Separation, divorce, custody, support State and local government operations Veterans' medical care Wages and earnings Taxation 00 2020-10-01 Introduced in House 2020-12-10T15:13:35Z Family First Medisave Empowerment Act

This bill creates tax-exempt Medisave accounts to pay the qualified medical expenses of account beneficiaries. The bill defines qualified medical expenses as the medical expenses of the taxpayer and the taxpayer's spouse and dependents that are not covered by insurance. The bill excludes amounts paid from a Medisave account from the gross income of an account beneficiary for income tax purposes.

The bill also allows a partially refundable tax credit, limited to $1,000 for all taxable years, for contributions to Medisave accounts made by certain low-income taxpayers before the end of the first year after the enactment of this bill.

The bill provides grants for providing fair and impartial information to consumers about Medisave accounts and facilitating enrollment in such accounts.

]]> Family First Medisave Empowerment Act Display Title Family First Medisave Empowerment Act Short Title(s) as Introduced Family First Medisave Empowerment Act Introduced in House IH Official Title as Introduced To amend the Internal Revenue Code of 1986 to consolidate health accounts into Medisave Accounts, and for other purposes. Introduced in House IH Introduced in House 2020-10-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8473ih/xml/BILLS-116hr8473ih.xml 2020-10-01 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.