Section 1 Short title
This Act may be cited as the “Family Friendly HSA Improvement Act of 2013”.
Family Friendly HSA Improvement Act of 2013
A BILL
To amend the Internal Revenue Code of 1986 to permit the medical expenses of dependents who have not attained age 27 to be paid from a health savings account.
Sec. 2 Medical expenses of dependents who have not attained age 27 permitted to be paid from health savings accounts
In general— Subparagraph (A) of section 223(d)(2) of the Internal Revenue Code of 1986 (defining qualified medical expenses) is amended by inserting “and determined by substituting “age of 27” for “age of 19” in subsection (c)(3)(A)(i) thereof” before “) of such individual”.
Effective date— The amendment made by this section shall apply to amounts paid from health savings accounts after the date of the enactment of this Act.