Amends Internal Revenue Code of 1986 (H.R. 5774)
Overview:
118th Congress (2023-2025)
Type: Use of HSA Funds
Key Components: Allow use of HSA funds for LTC expenses. By amending the Internal Revenue Code (IRC) of 1986 to Clarify Treatment of Distributions from Health Savings Accounts (HSAs) for LTC Services.
Key Authors:
- Rep. Adrian Smith (R-NE)
House Ways & Means