[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 46 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                 S. 46

 To amend the Internal Revenue Code of 1986 to expand the permissible 
 use of health savings accounts to include premiums for non-group high 
                    deductible health plan coverage.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 4, 2007

   Mr. Ensign (for himself, Mr. DeMint, Mr. Graham, and Mr. Coburn) 
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 permissible 
 use of health savings accounts to include premiums for non-group high 
                    deductible health plan coverage.

    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 ``Affordability in the Individual 
Market Act''.

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(b)(1)).''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2007.
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