S 5302 United States Senate · 117th Congress

Health Savings Accounts For All Act of 2022

Summary
Health Savings Accounts For All Act of 2022 This bill revises provisions relating to health savings accounts (HSAs). Specifically, the bill increases the annual limitation on tax-deductible contributions to HSAs by plan participants and their employers; eliminates the requirement that an HSA participant must be enrolled in a high deductible health plan as a condition of eligibility; allows payments from HSAs for health insurance premiums and primary care service arrangements; allows payment of medical expenses incurred prior to the establishment of an HSA and correction of administrative errors prior to the due date of an applicable tax return; allows a tax-free rollover of amounts in an HSA, upon the death of an account holder, to the account holder's child, parent, or grandparent; allows payments from HSAs for vitamins, dietary supplements, gym membership, and wearable fitness trackers; and extends bankruptcy protections to HSAs on the same basis as tax-preferred retirement plans.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2022
Committee Review
Floor Vote
President
Introduced Dec 20, 2022 Last action Dec 20, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Dec 20, 2022
Committee
Read twice and referred to the Committee on Finance.
upper
Dec 20, 2022
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor

Sponsors