SB2621: Personalized Care Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to amend the Internal Revenue Code of 1986 to expand and improve health savings accounts, and for other purposes.
Plain-language summary
This bill would change tax rules for health savings accounts (HSAs), which are special savings accounts people use to set aside money tax-free for medical expenses. The bill aims to expand who can use HSAs and make them more generous. It was introduced in Congress by Senators Ted Cruz, James Risch, and Mike Braun. The bill is currently in the early stage after being introduced and has not yet been assigned to for review.
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SB2621: Personalized Care Act of 2023