HR 4618 · 115th Congress · Taxation
To amend the Internal Revenue Code of 1986 to provide for a temporary moratorium on certain taxes affecting purchases of prescription medication.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2017-12-12)
Plain Language Summary
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This bill amends the Internal Revenue Code to temporarily permit tax-favored health savings accounts, Archer Medical Savings Accounts, health flexible spending arrangements, and health reimbursement arrangements to be used to purchase over-the-counter medicine that is not prescribed by a physician. The bill applies during the period beginning on January 1, 2018, and ending on December 31, 2019.…
Summarized by Claude AI · Non-partisan · For informational purposes only