3.0.0 3112 2022-10-28T01:46:13Z 2022-10-28T01:46:13Z Senate S 2019-12-19 116 ssfi00 Finance Committee Senate Standing Referred to 2019-12-19T16:45:03Z Personalized Care Act of 2020 116 5596 HR 2020-01-14 Referred to the House Committee on Ways and Means. Related bill CRS Responsible Relief for Americans Act 116 6396 HR 2020-09-30 Referred to the Subcommittee on Health. Related bill CRS 2019-12-19 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-12-19 Introduced in Senate IntroReferral 10000 9 Library of Congress C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX N B001310 Sen. Braun, Mike [R-IN] Mike Braun R IN 2019-12-19 True R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2020-06-15 False L000594 Sen. Loeffler, Kelly [R-GA] Kelly Loeffler R GA 2020-10-19 False Taxation Bank accounts, deposits, capital Health care costs and insurance Income tax deductions Religion Taxation 00 2019-12-19 Introduced in Senate 2020-01-23T19:16:21Z Personalized Care Act of 2019

This bill 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%.

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]]> Personalized Care Act of 2019 Display Title Personalized Care Act of 2019 Short Title(s) as Introduced Personalized Care Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to expand and improve health savings accounts, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-12-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3112is/xml/BILLS-116s3112is.xml 2019-12-19 Read twice and referred to the Committee on Finance. 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.