[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1743 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 1743

To amend the Internal Revenue Code of 1986 to repeal the limitations on 
medical savings accounts relating to the number of accounts and number 
          of employees of an employer, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                              May 22, 1997

   Mr. Salmon (for himself, Mr. Boehner, Mr. Hastert, Mr. Stump, Mr. 
 Norwood, Mr. Goss, Mrs. Kelly, Mr. Wicker, Mr. Foley, Mr. Coburn, Mr. 
  Bartlett of Maryland, Mr. Cannon, Mr. Doolittle, Mr. Manzullo, Mr. 
    Hostettler, Mr. Largent, Mr. Burton of Indiana, Mr. Kolbe, Mr. 
Campbell, Mr. Paul, Mr. McCrery, Mr. Sessions, Mr. Cooksey, Mr. Bunning 
  of Kentucky, Mr. Brady, Mr. Shadegg, Mr. Royce, Mr. Ballenger, Mr. 
 Pappas, Mr. Rohrabacher, Mr. Hilleary, Mr. Nussle, Mr. Hayworth, Mr. 
    McIntosh, Mr. Smith of New Jersey, Mr. Chabot, Mr. Ensign, Mr. 
       Hutchinson, Mr. Hoekstra, Mr. Talent, Mr. Cunningham, Mr. 
 Sensenbrenner, Mr. Bob Schaffer, Mr. White, Mr. Sam Johnson of Texas, 
 Mr. Graham, Mr. Everett, Mr. Scarborough, Mr. Crapo, Mr. Metcalf, Mr. 
McKeon, Mr. Neumann, Mr. Skeen, Mr. Souder, and Mr. Combest) introduced 
  the following bill; which was referred to the Committee on Ways and 
                                 Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to repeal the limitations on 
medical savings accounts relating to the number of accounts and number 
          of employees of an employer, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REPEAL OF CERTAIN LIMITATIONS ON MEDICAL SAVINGS ACCOUNTS.

    (a) Number of Taxpayers Having MSAs.--Section 220 of the Internal 
Revenue Code of 1986 is amended by striking subsections (i) and (j).
    (b) Size of Employer.--Subsection (c) of section 220 of such Code 
is amended--
            (1) in subclause (I) of paragraph (1)(A)(iii), by striking 
        ``and such employer is a small employer'',
            (2) in paragraph (1), by striking subparagraphs (C) and 
        (D), and
            (3) by striking paragraph (4) and redesignating paragraph 
        (5) as paragraph (4).
    (c) Effective Date.--The amendments made by subsections (a) and (b) 
shall take effect as if included in the amendment made by section 301 
of the Health Insurance Portability and Accountability Act of 1996.
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