STORK Act
Sponsored By: Representative Van Epps, Matt [R-TN-7]
Introduced
Summary
Adds a $2,000 per-child boost to Health Savings Account contribution limits. The STORK Act would let parents increase their HSA contribution limit by $2,000 for each child born or adopted in a taxable year and would fold that bump into future inflation adjustments starting with tax years after 2026.
Show full summary
- Parents and families: Parents could contribute an extra $2,000 to their HSA in the year a qualifying child is born or adopted. A "qualifying child" is someone who is under age 18 at the end of the taxable year.
- Married couples with HSAs: If both spouses are eligible any month, they may split a child's $2,000 increase between them however they choose, but the total for that child cannot exceed $2,000.
- Account rules and indexing: The increase applies only once per child and the bill integrates the new per-child amount into HSA inflation adjustments with a 2026 anchor for future years.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
More HSA savings for new children
You would be able to add up to $2,000 to your yearly Health Savings Account (HSA) contribution limit for each qualifying child born to, placed for adoption with, or adopted by you in the taxable year. A qualifying child would be someone who is under age 18 at the end of the year. You or your spouse could not claim the increase again for the same child in a later year. If both spouses are HSA-eligible for any month that year, they would elect how to divide the $2,000 per child, but together they could not exceed $2,000. The added amount would be indexed for inflation using calendar year 2026 as the base and would apply to tax years beginning after December 31, 2026.
Sponsors & CoSponsors
Sponsor
Van Epps, Matt [R-TN-7]
TN • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov