I 
119TH CONGRESS 
1ST SESSION 
H. R. 955 
To amend the Internal Revenue Code of 1986 to reform health provisions, 
and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 4, 2025 
Mr. MOORE of Utah (for himself, Mr. PANETTA, Mr. FITZPATRICK, Mr. 
SCHNEIDER, Mr. SMITH of Nebraska, Mr. RUIZ, Mr. VALADAO, Mrs. 
DINGELL, Mr. MOOLENAAR, and Mr. DAVIS of North Carolina) intro-
duced the following bill; which was referred to the Committee on Ways 
and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to reform 
health provisions, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Health Out-of-Pocket 
Expense Act of 2025’’ or the ‘‘HOPE Act of 2025’’. 
SEC. 2. HOPE ACCOUNTS. 
(a) ACCOUNTS ESTABLISHED.— 
(1) IN GENERAL.—Part VIII of subchapter F 
of chapter 1 of the Internal Revenue Code of 1986 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
is amended by adding at the end the following new 
section: 
‘‘SEC. 530A. HOPE ACCOUNTS. 
‘‘(a) IN GENERAL.—A HOPE Account shall be ex-
empt from taxation under this subtitle. Notwithstanding 
the preceding sentence, the Hope Account shall be subject 
to the taxes imposed by section 511 (relating to the impo-
sition of tax on unrelated business income of charitable 
organizations). 
‘‘(b) DEFINITIONS AND SPECIAL RULES.—For pur-
poses of this section— 
‘‘(1) HOPE ACCOUNT.—The term ‘HOPE Ac-
count’ means a trust created or organized in the 
United States as a HOPE Account exclusively for 
the purpose of paying the qualified medical expenses 
of the account beneficiary, but only if the written 
governing instrument creating the trust meets the 
following requirements: 
‘‘(A) Except in the case of a rollover con-
tribution described in subsection (d)(4) of this 
section, no contribution will be accepted— 
‘‘(i) unless it is in cash, or 
‘‘(ii) to the extent such contribution, 
when added to previous contributions to 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
the trust for the calendar year, exceeds the 
contribution limitations in subsection (c). 
‘‘(B) The trustee is a bank (as defined in 
section 408(n)), an insurance company (as de-
fined in section 816), or another person who 
demonstrates to the satisfaction of the Sec-
retary that the manner in which such person 
will administer the trust will be consistent with 
the requirements of this section. 
‘‘(C) No part of the trust assets will be in-
vested in life insurance contracts. 
‘‘(D) The assets of the trust will not be 
commingled with other property except in a 
common trust fund or common investment 
fund. 
‘‘(E) The interest of an individual in the 
balance in the individual’s account is nonforfeit-
able. 
‘‘(F) No more than reasonable fees are 
paid in connection with the administration of 
the account. 
‘‘(G) The trust includes procedures for the 
trustee to reasonably assure that distributions 
are limited to payment or reimbursement for 
qualified medical expenses incurred after the es-
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
tablishment of the trust. Procedures shall be 
considered reasonable that meet the substan-
tiation requirements contained in Proposed 
Treasury Regulation section 1.125–6 (as in ef-
fect on January 1, 2025) or under any super-
seding guidance prescribed by the Secretary. 
‘‘(H) The trust follows all reporting re-
quirements as may be prescribed by the Sec-
retary with respect to distributions that are not 
substantiated as qualified medical expenses pur-
suant to this section. 
‘‘(I) The trust follows any other guidance 
with respect to HOPE Accounts prescribed by 
the Secretary. 
‘‘(J) Except as provided in subsection 
(d)(2)(B), amounts held by the trust may not 
be distributable other than exclusively to pay 
the qualified medical expenses of the account 
beneficiary, spouse or dependents. 
‘‘(K) The trust reports all contributions on 
Form 5498–A, or such other form as is re-
quired by the Secretary. The trust annually 
must also— 
‘‘(i) request each account owner to 
provide the trust with the amount if any, 
VerDate Sep 11 2014 
06:28 Mar 04, 2025
Jkt 059200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
the account owner contributed to an FSA 
for the year, and 
‘‘(ii) report such amount on Form 
5498–A or such other form as is required 
by the Secretary. 
‘‘(2) ELIGIBLE INDIVIDUAL.— 
‘‘(A) IN GENERAL.—The term ‘eligible in-
dividual’ means, with respect to any month, any 
individual if for such month such individual 
meets the requirements of subparagraphs (B) 
and (C). 
‘‘(B) COVERAGE REQUIREMENT.—An indi-
vidual meets the requirements of this subpara-
graph for a month if such individual is covered 
under one of the following types of coverage as 
of the 1st day of such month: 
‘‘(i) Minimum essential coverage (as 
defined in section 5000A(f)). 
‘‘(ii) With respect to members of fed-
erally recognized American Indian and 
Alaska Native Tribes and their descend-
ants, the Indian Health Service. 
‘‘(C) OTHER COVERAGE.— 
‘‘(i) 
IN
GENERAL.—An 
individual 
meets the requirements of this subpara-
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
graph for a month if during such month 
no amounts are contributed by or on be-
half of the individual to any of the fol-
lowing accounts of such individual: 
‘‘(I) A health flexible spending 
arrangement. 
‘‘(II) A health savings account 
(as defined in section 223(d)). 
‘‘(III) A health reimbursement 
arrangement which is treated as em-
ployer-provided coverage under an ac-
cident or health plan for purposes of 
section 106. 
‘‘(IV) An Archer MSA (as de-
fined in section 220(d)). 
‘‘(ii) EXCEPTION
FOR
CERTAIN
DIS-
REGARDED
COVERAGE.—Clause (i) shall 
not apply in the case of an account de-
scribed therein if for the month such ac-
count constitutes coverage described in sec-
tion 223(c)(1)(B). 
‘‘(3) QUALIFIED
MEDICAL
EXPENSES.—The 
term ‘qualified medical expenses’ has the meaning 
given such term in section 223(d)(2). 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
‘‘(4) ACCOUNT
BENEFICIARY.—The term ‘ac-
count beneficiary’ means the individual on whose be-
half the HOPE Account was established. 
‘‘(5) ACCOUNT TERMINATIONS.—Rules similar 
to the rules of paragraphs (2) and (4) of section 
408(e) shall apply to HOPE Accounts, and any 
amount treated as distributed under such rules shall 
be treated as not used to pay qualified medical ex-
penses. 
‘‘(6) CERTAIN RULES TO APPLY.—Rules similar 
to the following rules shall apply for purposes of this 
section: 
‘‘(A) Section 219(f)(3) (relating to time 
when contributions deemed made). 
‘‘(B) Except as provided in section 106(h), 
section 219(f)(5) (relating to employer pay-
ments). 
‘‘(C) Section 408(g) (relating to commu-
nity property laws). 
‘‘(D) Section 408(h) (relating to custodial 
accounts). 
‘‘(E) Section 223(f)(7) (relating to trans-
fer of account incident of divorce). 
‘‘(F) Section 223(f)(8) (relating to treat-
ment after death of account beneficiary). 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
‘‘(c) CONTRIBUTION LIMITATIONS.— 
‘‘(1) IN GENERAL.—The aggregate amount of 
contributions from all sources to all HOPE Accounts 
maintained for the benefit of an eligible individual 
for any taxable year shall not exceed the sum of the 
monthly limitations for months during such taxable 
year that the individual is an eligible individual. 
‘‘(2) MONTHLY LIMITATION.—The monthly lim-
itation for any month is 1⁄12 of— 
‘‘(A) in the case of an eligible individual 
who has self-only coverage, or an eligible indi-
vidual that is married filing separately or mar-
ried filing jointly that has family coverage, 
$4,000, or 
‘‘(B) in the case of an eligible individual 
who has family coverage and is head of house-
hold, $8,000. 
‘‘(3) LIMITATION ON THIRD PARTY CONTRIBU-
TIONS.—A trust shall not be treated as a Hope Ac-
count under this section unless the aggregate of con-
tributions on behalf of the individual from all em-
ployers of the individual and from any Medicaid pro-
gram established and administered by a State or 
subdivision thereof, if approved by the Secretary of 
Health and Human Services under Section 1115 of 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
the Social Security Act or Section 1332 of the Pa-
tient Protection and Affordable Care Act, will not be 
accepted in excess of 50 percent of the limit with re-
spect to such individual. 
‘‘(4) NO DEDUCTION.—No deduction shall be 
allowed for a contribution made by an eligible indi-
vidual to a HOPE Account maintained for the ben-
efit of such individual for any taxable year. 
‘‘(5) EXCLUSION
FROM
GROSS
INCOME
LIM-
ITED.—Any contribution under paragraph (c)(3) to 
the HOPE account of an individual whose adjusted 
gross income for the prior taxable year does not ex-
ceed $100,000 ($200,000 in the case of a married 
individual filing a joint return) shall be excluded 
from the individual’s adjusted gross income. 
‘‘(6) COORDINATION WITH OTHER CONTRIBU-
TIONS.—The limitation which would (but for this 
paragraph) apply under this subsection to an indi-
vidual for any taxable year shall be reduced (but not 
below zero) by the sum of— 
‘‘(A) the aggregate amount determined 
with respect to the individual for the taxable 
year under section 223(b)(4), 
‘‘(B) the aggregate amount contributed by 
the individual to health savings accounts of the 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
individual for such taxable year and not taken 
into account under subparagraph (A), 
‘‘(C) the aggregate amount contributed to 
a HOPE Account of such individual by the in-
dividual’s employer, and 
‘‘(D) the aggregate amount contributed to 
a HOPE Account of such individual for such 
taxable year by a program established and ad-
ministered by a State or subdivision thereof 
with respect to converted cost-sharing reduction 
payments. 
‘‘(7) COST-OF-LIVING
ADJUSTMENT.—In the 
case of any taxable year beginning in a calendar 
year after 2026, each dollar amount in paragraph 
(2) shall be increased by an amount equal to— 
‘‘(A) such dollar amount, multiplied by 
‘‘(B) the cost-of-living adjustment deter-
mined under section 1(f)(3) for the calendar 
year in which such taxable year begins deter-
mined— 
‘‘(i) by substituting ‘calendar year 
2025’ for ‘calendar year 2016’ in subpara-
graph (A)(ii) thereof, and 
‘‘(ii) by substituting ‘March 31’ for 
‘August 31’ in section 1(f)(4). 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00010
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
The Secretary shall publish the adjusted 
amounts under paragraph (2) for taxable years 
beginning in any calendar year no later than 
June 1 of the preceding calendar year. If any 
increase under this paragraph is not a multiple 
of $50, such increase shall be rounded to the 
nearest multiple of $50. 
‘‘(d) TAX TREATMENT OF DISTRIBUTIONS.— 
‘‘(1) AMOUNTS USED FOR QUALIFIED MEDICAL 
EXPENSES.—Any amount paid or distributed out of 
a HOPE Account which is used exclusively to pay 
qualified medical expenses of any account beneficiary 
shall not be includible in gross income. 
‘‘(2) 
DISTRIBUTION
AND
TAXATION
OF 
AMOUNTS NOT USED FOR QUALIFIED MEDICAL EX-
PENSES.— 
‘‘(A) IN GENERAL.—Except as provided in 
subparagraph (B), no amount may be paid or 
distributed out of a HOPE Account which is 
not used exclusively to pay the qualified medical 
expenses of the account beneficiary. 
‘‘(B) EXCEPTION FOR CERTAIN DISTRIBU-
TIONS.—An amount may be paid or distributed 
out of a HOPE Account which is not used ex-
clusively to pay the qualified medical expenses 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00011
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
of the account beneficiary if such distribution is 
reported to the Secretary pursuant to such reg-
ulations or other guidance the Secretary may 
prescribe, and the distribution is— 
‘‘(i) made to an account beneficiary 
(or to the estate of the account bene-
ficiary) on or after the death of the indi-
vidual, or 
‘‘(ii) attributable to the account bene-
ficiary being disabled (within the meaning 
of section 72(m)(7)). 
‘‘(C) TAXATION
OF
DISTRIBUTIONS
NOT 
USED FOR QUALIFIED MEDICAL EXPENSES.— 
‘‘(i) IN GENERAL.—Any amount paid 
or distributed out of a HOPE Account 
which is not used exclusively to pay quali-
fied medical expenses of any account bene-
ficiary shall be includible in gross income, 
except to the extent such distribution is al-
locable to amounts described in subpara-
graph (D)(iii). 
‘‘(ii) ADDITIONAL TAX.—The tax im-
posed by this chapter on the account bene-
ficiary for any taxable year in which there 
is a payment or distribution from a HOPE 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00012
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
Account of such beneficiary which is in-
cludible in gross income under clause (i) 
shall be increased by 30 percent of the 
amount which is so includible. 
‘‘(D) ORDERING OF DISTRIBUTIONS.—Any 
distributions out of a HOPE Account pursuant 
to subparagraph (B) shall be treated as made 
from amounts to the extent that the amount of 
such distribution, when added to all previous 
distributions from the HOPE Account, does not 
exceed the aggregate of such amount, and from 
such amounts pursuant to the following order-
ing rules: 
‘‘(i) from earnings, if any, on such 
amounts described in clauses (ii) and (iii), 
‘‘(ii) from contributions described in 
subsection (c)(3), 
‘‘(iii) from contributions by an eligible 
individual to the HOPE Account, and 
‘‘(iv) from rollover contributions to 
the HOPE Account from another HOPE 
Account allocable to contributions by an el-
igible individual to such other HOPE Ac-
count, on a first-in, first-out basis. 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00013
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
‘‘(3) EXCESS CONTRIBUTIONS RETURNED BE-
FORE DUE DATE OF RETURN.— 
‘‘(A) IN
GENERAL.—If any excess con-
tribution is contributed for a taxable year to 
any HOPE Account of an individual, paragraph 
(2) shall not apply to distributions from the 
HOPE Accounts of such individual (to the ex-
tent such distributions do not exceed the aggre-
gate excess contributions to all such accounts of 
such individual for such year) if— 
‘‘(i) such distribution is received by 
the individual on or before the last day 
prescribed by law (including extensions of 
time) for filing such individual’s return for 
such taxable year, and 
‘‘(ii) such distribution is accompanied 
by the amount of net income attributable 
to such excess contribution. 
Any net income described in clause (ii) shall be 
included in the gross income of the individual 
for the taxable year in which it is received. 
‘‘(B) EXCESS
CONTRIBUTION.—For pur-
poses of subparagraph (A), the term ‘excess 
contribution’ means any contribution (other 
than a rollover contribution described in para-
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00014
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
graph (4)) which is neither excludable from 
gross income under section 106(h) nor allow-
able under this section. 
‘‘(4) ROLLOVER CONTRIBUTION.—An amount is 
described in this paragraph as a rollover contribu-
tion if it meets the requirements of subparagraphs 
(A) and (B). 
‘‘(A) IN
GENERAL.—Paragraph (2) shall 
not apply to any amount paid or distributed 
from a HOPE Account to the account bene-
ficiary to the extent the amount received is paid 
into a HOPE Account for the benefit of such 
beneficiary, the beneficiary’s spouse or the 
beneficiary’s dependent not later than the 60th 
day after the day on which the beneficiary re-
ceives the payment or distribution. 
‘‘(B) LIMITATION.—This paragraph shall 
not apply to any amount described in subpara-
graph (A) received by an individual from a 
HOPE Account if, at any time during the 1- 
year period ending on the day of such receipt, 
such individual received any other amount de-
scribed in subparagraph (A) from a HOPE Ac-
count which was not includible in the individ-
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00015
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
ual’s gross income because of the application of 
this paragraph. 
‘‘(C) DEPENDENT.—The term dependent 
means any individual with respect to whom a 
deduction under section 151 is allowed to an-
other taxpayer for a taxable year beginning in 
the calendar year in which such individual’s 
taxable year begins. 
‘‘(5) COORDINATION WITH MEDICAL EXPENSE 
DEDUCTION.—For purposes of determining the 
amount of the deduction under section 213, any pay-
ment or distribution out of a HOPE Account for 
qualified medical expenses shall not be treated as an 
expense paid for medical care. 
‘‘(e) REPORTS.—The Secretary shall require the 
trustee of a HOPE Account to make such reports regard-
ing such account to the Secretary and to the account bene-
ficiary with respect to contributions, distributions, the re-
turn of excess contributions, and such other matters as 
the Secretary determines appropriate. The trustee shall in-
clude in each such report an accounting of the amount 
contributed by the account beneficiary, and may, if nec-
essary to determine such amount, request such informa-
tion from the account beneficiary.’’. 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00016
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
(2) CLERICAL AMENDMENT.—The table of sec-
tions for part VIII of subchapter F of chapter 1 of 
such Code is amended by adding at the end the fol-
lowing new item: 
‘‘Sec. 530A. HOPE Accounts.’’. 
(b) EXCESS CONTRIBUTIONS.— 
(1) IN
GENERAL.—Section 4973(a) of such 
Code is amended by striking ‘‘or’’ at the end of 
paragraph (5), by striking the period at the end of 
paragraph (6) and inserting ‘‘, and’’, and by insert-
ing after paragraph (6) (as so amended) the fol-
lowing new paragraph: 
‘‘(7) A HOPE Account (as defined in section 
530A(b)).’’. 
(2) EXCESS
CONTRIBUTIONS
DEFINED.—Sec-
tion 4973 of such Code is amended by adding at the 
end the following new subsection: 
‘‘(i) EXCESS
CONTRIBUTIONS
TO
HOPE AC-
COUNT.— 
‘‘(1) IN GENERAL.—For purposes of this sec-
tion, in the case of HOPE Accounts (within the 
meaning of section 530A(b)), the term ‘‘excess con-
tributions’’ means the sum of— 
‘‘(A) The aggregate amount contributed 
for the taxable year to the accounts (other than 
a rollover contribution described in section 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00017
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
‘‘(1) IN GENERAL.—In the case of an employee 
who is an eligible individual, amounts contributed by 
such employee’s employer to any HOPE account (as 
defined in section 530A(b)) of such employee shall 
be treated as employer-provided coverage for medical 
expenses under an accident or health plan to the ex-
tent such amounts do not exceed the limitations ap-
plicable to such individual for such taxable year 
under section 530A(c) (determined without regard to 
this subsection). 
‘‘(2) LIMITATION.—Paragraph (1) shall not 
apply in the case of a taxpayer whose adjusted gross 
income for the taxable year exceeds $100,000 
($200,000 in the case of a joint return). 
‘‘(3) SPECIAL
RULES.—Rules similar to the 
rules of paragraphs (2), (3), (4), and (5) of sub-
section (b) shall apply for purposes of this sub-
section. 
‘‘(4) CROSS REFERENCE.—For penalty on fail-
ure by employer to make comparable contributions 
to the health savings accounts of comparable em-
ployees, see section 4980G.’’. 
(2) INFORMATION
REPORTING
FOR
EMPLOY-
EES.—Section 6051(a) is amended by striking 
‘‘and’’ at the end of paragraph (16), by striking the 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00019
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
period at the end of paragraph (17) and inserting ‘‘, 
and’’, and by inserting after paragraph (17) (as so 
amended) the following new paragraph: 
‘‘(18) the amount contributed to any HOPE 
Account (as defined in section 530A(b)) of such em-
ployee.’’. 
(3) CONFORMING
AMENDMENT
RELATING
TO 
CAFETERIA PLANS.—Section 125(f)(1) of such Code 
is amended by inserting ‘‘106(h),’’ after ‘‘106(b),’’. 
(d) FAILURE OF EMPLOYER TO MAKE COMPARABLE 
HOPE ACCOUNT CONTRIBUTIONS.— 
(1) IN GENERAL.—Section 4980G(a) of such 
Code is amended by inserting ‘‘or HOPE Account’’ 
after ‘‘health savings account’’. 
(2) CONFORMING AMENDMENTS.— 
(A) Section 4980G(c) of such Code is 
amended by striking ‘‘and health savings ac-
counts’’ and inserting ‘‘, health savings ac-
counts, or HOPE Accounts’’. 
(B) Section 4980G(d) of such Code is 
amended by inserting ‘‘or HOPE Account’’ 
after ‘‘health savings account’’. 
(C) The heading for section 4980G of such 
Code is amended by inserting ‘‘OR HOPE AC-
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00020
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
COUNT’’ 
after 
‘‘HEALTH
SAVINGS
AC-
COUNT’’. 
(D) The table of sections for chapter 43 of 
such Code is amended by striking the item re-
lating to section 4980G and inserting the fol-
lowing new item: 
‘‘Sec. 4980G. Failure of employer to make comparable health savings account 
or HOPE Account contributions.’’. 
(e) APPLICATION
OF PROHIBITED TRANSACTION 
RULES.— 
(1) IN GENERAL.—Section 4975(e)(1) of such 
Code is amended by striking ‘‘or’’ at the end of sub-
paragraph (F), by redesignating subparagraph (G) 
as subparagraph (H), and by inserting after sub-
paragraph (F), as so amended, the following new 
subparagraph: 
‘‘(G) a HOPE Account described in section 
530A(b), or’’. 
(f) FAILURE TO REPORT.—Section 6693(a)(2) of 
such Code is amended by striking ‘‘and’’ at the end of 
subparagraph (E), by striking the period at the end of 
subparagraph (F) and inserting ‘‘, and’’, and by inserting 
after subparagraph (F) (as so amended) the following new 
subparagraph: 
‘‘(G) Section 530A(e) (relating to HOPE 
Accounts).’’. 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00021
Fmt 6652
Sfmt 6201
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB
(g) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2025. 
Æ 
VerDate Sep 11 2014 
04:12 Mar 01, 2025
Jkt 059200
PO 00000
Frm 00022
Fmt 6652
Sfmt 6301
E:\BILLS\H955.IH
H955
kjohnson on DSK7ZCZBW3PROD with $$_JOB