HR 7203 · 117th Congress · Taxation
HELPS Retirees Improvement Act of 2022
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2022-03-24)
Plain Language Summary
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Wally Bunker Healthcare Enhancement for Local Public Safety Retirees Improvement Act of 2022 or the HELPS Retirees Improvement Act of 2022 This bill increases from $3,000 to $6,000 the amount of the exclusion from gross income of distributions from a tax-exempt retirement plan for health and long-term care insurance for public safety officers. It also eliminates the requirement that insurance premiums must be paid directly to the provider of the accident or health plan or long-term care insurance contract as a condition of eligibility for the tax exclusion.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (9)
6 Democrats3 Republicans