S 5297 · 118th Congress · Taxation

Health Savings Accounts For All Act of 2024

Introduced 2024-11-12· Sponsored by Sen. Paul, Rand [R-KY]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2024-11-12)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5297 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5297 To amend the Internal Revenue Code of 1986 to increase the limitations on contributions to health savings accounts, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES November 12, 2024 Mr. Paul introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to increase the limitations on contributions to health savings accounts, 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 ``Health Savings Accounts For All Act of 2024''. SEC. 2. INCREASE IN CONTRIBUTION LIMITATIONS. (a) In General.--Subsection (b) of section 223 of the Internal Revenue Code of 1986 is amended-- (1) in paragraph (1), by striking ``the sum of'' and all that follows through the period and …

Summarized by Claude AI · Non-partisan · For informational purposes only