[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5586 Introduced in House (IH)]








109th CONGRESS
  2d Session
                                H. R. 5586

To amend the Internal Revenue Code of 1986 to allow distributions from 
   health savings accounts to be used for the purchase of non-group 
            coverage under high deductible health insurance.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 12, 2006

 Mr. Sam Johnson of Texas (for himself and Mr. Cantor) 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 allow distributions from 
   health savings accounts to be used for the purchase of non-group 
            coverage under high deductible health insurance.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``HSA Premium Affordability Act of 
2006''.

SEC. 2. USE OF HEALTH SAVINGS ACCOUNTS FOR NON-GROUP HIGH DEDUCTIBLE 
              HEALTH PLAN PREMIUMS.

    (a) In General.--Section 223(d)(2)(C) of the Internal Revenue Code 
of 1986 (relating to exceptions) is amended by striking ``or'' at the 
end of clause (iii), by striking the period at the end of clause (iv) 
and inserting ``, or'', and by adding at the end the following new 
clause:
                            ``(v) a high deductible health plan, other 
                        than a group health plan (as defined in section 
                        5000 without regard to subsection (d)).''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2006.
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