Restoring Access to Medication and Improving Health Savings Act of 2016

Bill: 114-hr-1270
Sponsor: Rep. Jenkins, Lynn [R-KS-2]
Introduced: 2015-03-04 in the House
Policy area: Taxation
Subjects: Health care costs and insurance
Income tax deductions
Prescription drugs

Summary:
action_date: 2015-03-04
text: 

Restoring Access to Medication Act of 2015

 Repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings accounts, and health flexible spending arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs).

action_date: 2015-10-23
text: 

Restoring Access to Medication Act of 2015

 (Sec. 2) This bill repeals provisions of the Internal Revenue Code, added by the Patient Protection and Affordable Care Act, that limit payments for medications from health savings accounts, medical savings accounts, and health flexible spending arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs). 
 This repeal applies to drug expenses incurred after December 31, 2015.
action_date: 2016-07-06
text: 

Restoring Access to Medication and Improving Health Savings Act of 2016 

 
This bill amends the Internal Revenue Code to modify the rules that apply to health savings accounts (HSAs) and overpayments of subsidies under the Patient Protection and Affordable Care Act. 
 

Restoring Access to Medication Act of 2016 

 
The bill repeals provisions of the Internal Revenue Code, as added by the Patient Protection and Affordable Care Act, that limit payments for medications from HSAs, medical savings accounts, and health flexible spending arrangements to only prescription drugs or insulin (thus allowing distributions from such accounts for over-the-counter drugs). 
 

Health Care Security Act of 2016 

 
The bill modifies the rules for HSAs with respect to catch-up contributions for married couples, medical expenses incurred before an HSA is established, and contribution limits. 
 
If both spouses of a married couple have family coverage under a high deductible health plan, each spouse may make catch-up contributions to the same HSA. (Catch-up contributions are additional contributions which individuals who are at least 55 years of age may make to an HSA.) 
 
If an HSA is established within 60 days of the beginning of coverage under a high deductible health plan, any distribution from the HSA used to pay a qualified medical expense incurred during that 60-day period after the health coverage began is excludible from gross income. (Under current law, the medical expense must be incurred on or after the date that the HSA is established.) 
 
The bill increases the maximum contribution limits for HSAs to equal the maximum for the sum of the annual deductible and out-of-pocket expenses that may be required to be paid for covered benefits under a high deductible health plan. 
 

Protecting Taxpayers by Recovering Improper Obamacare Subsidy Overpayments Act 

 
The bill eliminates the limitation on the increase in tax imposed upon certain low-income families for advance payments of the tax credit for health insurance premium assistance that exceed the allowable amount of such credit. 


Legislative actions:
action_date: 2016-07-11
text: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 550.
action_date: 2016-07-07
text: Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
action_date: 2016-07-06
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2016-07-06
text: On passage Passed by the Yeas and Nays: 243 - 164 (Roll no. 351). (text: CR H4325-4326)
action_date: 2016-07-06
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 243 - 164 (Roll no. 351).(text: CR H4325-4326)
action_date: 2016-07-06
text: The previous question was ordered pursuant to the rule. (consideration: CR H4330)
action_date: 2016-07-06
text: DEBATE - The House proceeded with one hour of debate on H.R. 1270.
action_date: 2016-07-06
text: Rule provides for consideration of H.R. 1270 with 1 hour of general debate. Motion to recommit with or without instructions allowed. The resolution provides that an amendment in the nature of a substitute consisting of the text of Rules Committee Print 114-60 shall be considered as adopted.
action_date: 2016-07-06
text: Considered under the provisions of rule H. Res. 793. (consideration: CR H4325-4331)
action_date: 2016-07-05
text: Rule H. Res. 793 passed House.
action_date: 2016-06-21
text: Rules Committee Resolution H. Res. 793 Reported to House. Rule provides for consideration of H.R. 1270 with 1 hour of general debate. Motion to recommit with or without instructions allowed. The resolution provides that an amendment in the nature of a substitute consisting of the text of Rules Committee Print 114-60 shall be considered as adopted.
action_date: 2015-10-23
text: Placed on the Union Calendar, Calendar No. 234.
action_date: 2015-10-23
text: Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-308.
action_date: 2015-10-23
text: Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-308.
action_date: 2015-09-17
text: Ordered to be Reported (Amended) by Voice Vote.
action_date: 2015-09-17
text: Committee Consideration and Mark-up Session Held.
action_date: 2015-03-27
text: Referred to the Subcommittee on Health.
action_date: 2015-03-04
text: Referred to the House Committee on Ways and Means.
action_date: 2015-03-04
text: Introduced in House
action_date: 2015-03-04
text: Introduced in House