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.

Introduced 2017-12-12· Sponsored by Rep. Jenkins, Lynn [R-KS-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2017-12-12)

Plain Language Summary

[AI summary unavailable — showing source text] 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