[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2948 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 2948

 To amend the Internal Revenue Code of 1986 to permit health insurance 
             to be purchased from a health savings account.


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                    IN THE HOUSE OF REPRESENTATIVES

                             June 28, 2007

 Mr. Walberg 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 permit health insurance 
             to be purchased from a health savings account.

    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 ``Increased Access to Health Insurance 
Act of 2007''.

SEC. 2. PURCHASE OF HEALTH INSURANCE FROM HEALTH SAVINGS ACCOUNTS.

    (a) In General.--Paragraph (2) of section 223(d) of the Internal 
Revenue Code of 1986 (defining qualified medical expenses) is amended 
to read as follows:
            ``(2) Qualified medical expenses.--The term `qualified 
        medical expenses' means, with respect to an account 
        beneficiary, amounts paid by such beneficiary for medical care 
        (as defined in section 213(d)) for such individual, the spouse 
        of such individual, and any dependent (as defined in section 
        152, determined without regard to subsections (b)(1), (b)(2), 
        and (d)(1)(B) thereof) of such individual, but only to the 
        extent such amounts are not compensated for by insurance or 
        otherwise.''.
    (b) Effective Date.--The amendment made by this section shall apply 
with respect to insurance purchased after the date of the enactment of 
this Act in taxable years beginning after such date.
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