118th Congress · HOUSE BILLBILL

H.R. 5688Bipartisan HSA Improvement Act of 2023

To amend the Internal Revenue Code of 1986 to improve health savings accounts.

Taxation
Introduced Sep 26, 2023
Last action Feb 26, 2024
Pipeline · Bill → Law
Step 1
Introduced
Sep 26, 2023
Step 2
Referred
Sep 26, 2023
Ways & Means
Step 3
Committee
Sep 28, 2023
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill allows an individual to contribute to a health savings account (HSA), as part of a high deductible health plan (HDHP), while also participating in a primary care service arrangement, receiving qualified items or services at an employer-sponsored on-site clinic, or if covered under a spouse’s flexible spending arrangement (FSA). Further, the bill allows individuals to rollover amounts in an FSA or health reimbursement arrangement (HRA) into an HSA. The bill defines a primary care service arrangement as one in which an individual is provided primary care services by a primary care practitioner for a periodic fixed fee of no more than $150 a month for an individual (or no more than $...

Provisions · 5 sectionsReported to House
Timeline · 6 actions
Feb 26, 2024
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-401.
Feb 26, 2024
Placed on the Union Calendar, Calendar No. 330.
Sep 28, 2023
Committee Consideration and Mark-up Session Held
Sep 28, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 14.
Sep 26, 2023
Introduced in House
Sep 26, 2023
Referred to the House Committee on Ways and Means.