HR 720 ยท Protecting Life in Health Savings Accounts Act
Referred to the House Committee on Ways and Means.
- Introduced
- Jan 24, 2025
- Latest action
- Jan 24, 2025
- Sponsor
- Rep. Josh Brecheen [R-OK-2]
- Policy area
- Taxation
- Cosponsors
- 10
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.
Recent actions
- Jan 24, 2025 Referred to the House Committee on Ways and Means.
- Jan 24, 2025 Introduced in House
- Jan 24, 2025 Introduced in House
Votes
No recorded votes are available for this bill.