Lowering Costs for Caregivers Act of 2023

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 7222 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 7222 To amend the Internal Revenue Code of 1986 to allow expenses for parents to be taken into account as medical expenses, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 5, 2024 Mr. Buchanan (for himself and Mr. Thompson of California) 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 allow expenses for parents to be taken into account as medical expenses, and for other purposes. 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 ``Lowering Costs for Caregivers Act of 2023''. SEC. 2. HEALTH SAVINGS ACCOUNTS. (a) In General.--Subparagraph (A) of section 223(d)(2) of the Internal Revenue Code of 1986 is amended by inserting ``, any parent of either such individual o…