H.R. 408 · 115th Congress
American Future Healthcare Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
KingSponsor8 cosponsors · 8 R
7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to:
What it does: CRS summary · Introduced in House · Jan 10, 2017
American Future Healthcare Act of 2017
This bill amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to:
- repeal the requirement that an individual making a tax deductible contribution to an HSA be covered by a high deductible health care plan;
- increase the maximum HSA contribution level;
- allow Medicare eligible individuals to contribute to an HSA;
- allow HSAs to be used to purchase health insurance;
- provide a cost-of-living adjustment for the limits on additional contributions for individuals 55 or older (catch-up contributions);
- require the cost-of-living adjustments to be indexed to the CPI medical care component (the medical care component for the Consumer Price Index for All Urban Consumers published by the Department of Labor); and
- allow a rollover of HSA amounts to a Medicare Advantage Medical Savings Account (MSA).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: American Future Healthcare Act of 2017
Latest action (Jan 10, 2017): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jan 10, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.