[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 2549 Introduced in Senate (IS)]








109th CONGRESS
  2d Session
                                S. 2549

To amend the Internal Revenue Code of 1986 to expand the use of health 
savings accounts for the payment of health insurance premiums for high 
      deductible health plans purchased in the individual market.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 5, 2006

  Mr. DeMint introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to expand the use of health 
savings accounts for the payment of health insurance premiums for high 
      deductible health plans purchased in the individual market.

    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 ``Health Savings Account Affordability 
Act''.

SEC. 2. EXPANSION OF USE OF HEALTH SAVINGS ACCOUNTS FOR HEALTH 
              INSURANCE PREMIUM PAYMENTS FOR CERTAIN HIGH DEDUCTIBLE 
              HEALTH PLANS.

    (a) In General.--Subparagraph (C) of section 223(d)(2) of the 
Internal Revenue Code of 1986 (relating to qualified medical expenses) 
is amended by striking ``or'' at the end of clause (iii), by striking 
the period at the end of clause (iv), and by adding at the end the 
following new clause:
                            ``(v) any high deductible health plan other 
                        than a group health plan (as defined in section 
                        5000(b)(1)).''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2006.
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