Faith in Health Savings Accounts Act of 2019

Bill: 116-hr-2177
Sponsor: full_name: Rep. Kelly, Mike [R-PA-16]
Introduced: 2019-04-09
Policy area: Taxation
Subjects: Health care costs and insurance

Income tax deductions

Religion
Latest action: action_date: 2019-04-09
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-04-09
action_desc: Introduced in House
text: <p><b>Faith in Health Savings Accounts Act of 201</b><b>9</b></p> <p>This bill modifies the requirements for health savings accounts (HSAs) to treat membership in a tax-exempt health care sharing ministry as coverage under a high deductible health plan for purposes of the tax deduction for contributions to an HSA. </p>

tv_txt: I 116th CONGRESS 1st Session H. R. 2177 IN THE HOUSE OF REPRESENTATIVES April 9, 2019 Mr. Kelly of Pennsylvania (for himself, Mr. Peterson , Mr. Biggs , Mr. Mooney of West Virginia , Mr. Smucker , Mr. Hudson , Mr. Walker , Mr. Palmer , Mr. King of Iowa , Mr. Meadows , Mr. Babin , Mr. Smith of New Jersey , Mr. Rodney Davis of Illinois , Mr. Allen , Mrs. Hartzler , Mr. Lamborn , Mrs. Walorski , Mr. Kinzinger , Mr. Massie , Mr. Higgins of Louisiana , Mrs. Rodgers of Washington , and Mr. Smith of Nebraska ) 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 make members of health care sharing ministries eligible to establish health savings accounts.

1. Short title This Act may be cited as the Faith in Health Savings Accounts Act of 2019 . 2. Members of health care sharing ministries eligible to establish health savings accounts (a) In general Section 223 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (i) Application to health care sharing ministries For purposes of this section, membership in a health care sharing ministry (as defined in section 5000A(d)(2)(B)(ii)) shall be treated as coverage under a high deductible health plan. . (b) Effective date The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.