LEGISLATION/H.R. 720

Protecting Life in Health Savings Accounts Act

119-HR-720119th CongressIntroduced Jan 24, 2025Taxation
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Ways and Means.

Sponsor

Rep. Brecheen, Josh [R-OK-2](R-OK-2)
10 cosponsors

Summary

Protecting Life in Health Savings Accounts Act

This bill excludes expenses paid for an abortion from qualified medical expenses eligible for reimbursement from certain tax-exempt savings accounts. (Some exceptions apply.)

Under the bill, amounts paid for an abortion, other than an excluded abortion, are not qualified medical expenses eligible for reimbursement from a health savings account, Archer medical savings account, health flexible spending arrangement, health reimbursement arrangement, or retiree health account.

The bill defines excluded abortion as any abortion (1) related to a pregnancy that is the result of rape or incest; or (2) performed because a woman is suffering from a physical disorder, injury, or illness (including a life-endangering physical condition caused by or arising from the pregnancy itself) that would, as certified by a physician, place the woman in danger of death if an abortion were not performed.

Actions (3)

Referred to the House Committee on Ways and Means.
Jan 24, 2025House floor actions
Introduced in House
Jan 24, 2025Library of Congress
Introduced in House
Jan 24, 2025Library of Congress