Elevating HSA Limits Act of 2023

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 5737 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 5737 To amend the Internal Revenue Code of 1986 to increase the maximum contribution limit for health savings accounts. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 26, 2023 Ms. Van Duyne (for herself and Mr. Hern) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to increase the maximum contribution limit for health savings accounts. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Elevating HSA Limits Act of 2023''. SEC. 2. MAXIMUM CONTRIBUTION LIMIT TO HEALTH SAVINGS ACCOUNT INCREASED TO AMOUNT OF DEDUCTIBLE AND OUT-OF-POCKET LIMITATION. (a) Self-Only Coverage.--Section 223(b)(2)(A) of the Internal Revenue Code of 1986 is amended by striking ``$2,250'' and inserting ``the amount i…