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- H.R.5958
H.R.5958: Senior Health Planning Account Act
About This Bill
- Introduced Feb. 25, 2020
- Latest Major Action Feb. 25, 2020
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Feb. 25, 2020
Bill Summary
Senior Health Planning Account Act This bill allows tax-exempt senior health planning accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. The bill excludes from gross income (1) the gains that are contributed to the accounts, and (2) distributions from the accounts that are used exclusively for the health care expenses of the account beneficiary or the account beneficiary's spouse.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Feb. 25, 2020 |
Referred to the House Committee on Ways and Means.
|
Feb. 25, 2020 |
Referred to the Subcommittee on Health.
|
Feb. 25, 2020 |
Introduced in the House by Brian Higgins (D-N.Y.) |