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H.R. 4777

Health Savings Act of 2014

Health Savings Act of 2014 - Amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: (1) allow an additional tax deduction for amounts paid to the HSA of a taxpayer's child or grandchild; (2) allow a rollover of HSA funds to the child, parent, or grandparent of an account holder; (3) increase the maximum HSA contribution limit; (4) allow mandatory distributions from an individual retirement account (IRA) to be paid into an HSA; (5) exempt HSAs from creditor claims in bankruptcy; and (6) expand the definition of an HSA compatible plan to include bronze, silver, and catastrophic plans on an insurance exchange.

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Rep. Burgess, Michael C. [R-TX-26](R-TX)Sponsor
3 cosponsors3 R
3cosponsors3committees7actions1related bills9subjects
  • Introduced in HouseMay 30, 2014
  1. Committee

    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

  2. Committee

    Referred to the Subcommittee on Health.

  3. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  5. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  6. IntroReferralIntro-H

    Introduced in House

  7. IntroReferral1000

    Introduced in House