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116-hr-5958116th Congress
Senior Health Planning Account Act
Sponsored By: Representative Higgins, Brian [D-NY-26]
Unknown
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.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Higgins, Brian [D-NY-26]
NY • D
Cosponsors
Rep. Steube, W. Gregory [R-FL-17]
FL • R
Sponsored 2/25/2020
Rep. Holding, George [R-NC-2]
NC • R
Sponsored 10/13/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov