HSA Modernization Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 548 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 548 To amend the Internal Revenue Code of 1986 to modernize health savings accounts. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 16, 2025 Ms. Van Duyne (for herself, Mr. Crenshaw, and Mr. Meuser) 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 modernize 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 ``HSA Modernization Act''. SEC. 2. INDIVIDUALS WITHOUT SERVICE-CONNECTED DISABILITY AND ELIGIBLE FOR CERTAIN VETERANS BENEFITS PERMITTED TO CONTRIBUTE TO HEALTH SAVINGS ACCOUNTS. (a) In General.--Section 223(c)(1)(C) of the Internal Revenue Code of 1986 is amended by striking ``for a service-connected disability (within the meaning of section 101(16) of title 3…