H.R. 6309 — what changed
Allowing Working Seniors to Keep Their Health Savings Accounts Act of 2018
From Introduced in House to Reported in House. 1 section amended and 1 added between Introduced in House and Reported in House.
Section 1 Short title
added This Act may be cited as the “Allowing Working Seniors to Keep Their Health Savings Accounts Act of 2018”.
removed
In general— Section 223(c)(1)(B) of the Internal Revenue Code of 1986 is amended by striking “and” at the end of clause (ii), by striking the period at the end of clause (iii) and inserting “, and”, and by adding at the end the following new clause:
removed
“(iv) entitlement to hospital insurance benefits under part A of title XVIII of the Social Security Act by reason of section 226(a) of such Act.”
removed
Conforming amendment— Section 223(b)(7) of such Code is amended by inserting “(other than an entitlement to benefits described in subsection (c)(1)(B)(iv))” after “Social Security Act”.
removed
Effective date— The amendments made by this subsection shall apply to months beginning after December 31, 2018, in taxable years ending after such date.
Sec. 2 Individuals entitled to part A of Medicare by reason of age allowed to contribute to health savings accounts
added
added
In general— Section 223(c)(1)(B) of the Internal Revenue Code of 1986 is amended by striking “and” at the end of clause (ii), by striking the period at the end of clause (iii) and inserting “, and”, and by adding at the end the following new clause:
added “(iv) entitlement to hospital insurance benefits under part A of title XVIII of the Social Security Act by reason of section 226(a) of such Act.”
added
Conforming amendment— Section 223(b)(7) of such Code is amended by inserting “(other than an entitlement to benefits described in subsection (c)(1)(B)(iv))” after “Social Security Act”.
added
Effective date— The amendments made by this section shall apply to months beginning after December 31, 2018, in taxable years ending after such date.