1. Short title
This Act may be cited as the “Helping Veterans Save for Health Care Act of 2014”.
Helping Veterans Save for Health Care Act of 2014
A BILL
To amend the Internal Revenue Code of 1986 to prevent veterans from being disqualified from contributing to health savings accounts by reason of receiving medical care for service-connected disabilities under programs administered by the Department of Veterans Affairs.
2. Veterans not disqualified from health savings account by reason of receiving medical care for service-connected disabilities under programs administered by the Department of Veterans Affairs
In general— Section 223(c)(1) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph:
“(C) Special rule for individuals eligible for certain veterans benefits—An individual shall not fail to be treated as an eligible individual for any period merely because the individual receives hospital care or medical services under any law administered by the Secretary of Veterans Affairs for a service-connected disability (within the meaning of section 101(16) of title 38, United States Code).”
Effective date— The amendment made by this section shall apply to months beginning after the date of the enactment of this Act.