[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5690 Introduced in House (IH)]

<DOC>






118th CONGRESS
  1st Session
                                H. R. 5690

    To amend the Internal Revenue Code of 1986 to allow for certain 
   distributions from a health savings account for medical expenses 
 incurred during the 60-day period before the account was established.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 26, 2023

Mr. Moore of Utah 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 for certain 
   distributions from a health savings account for medical expenses 
 incurred during the 60-day period before the account was established.

    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 ``Advancing Health Savings Act of 
2023''.

SEC. 2. SPECIAL RULE FOR CERTAIN MEDICAL EXPENSES INCURRED BEFORE 
              ESTABLISHMENT OF HEALTH SAVINGS ACCOUNT.

    (a) In General.--Section 223(d)(2) of the Internal Revenue Code of 
1986 is amended by adding at the end the following new subparagraph:
                    ``(E) Treatment of certain medical expenses 
                incurred before establishment of account.--If a health 
                savings account is established during the 60-day period 
                beginning on the date that coverage of the account 
                beneficiary under a high deductible health plan begins, 
                then, solely for purposes of determining whether an 
                amount paid is used for a qualified medical expense, 
                such account shall be treated as having been 
                established on the date that such coverage begins.''.
    (b) Effective Date.--The amendment made by this section shall apply 
with respect to coverage beginning after December 31, 2023.
                                 <all>