Health Savings Account Expansion Act of 2021

Senate Bill 2099 - Health Savings Account Expansion Act of 2021: Overview, Status, and Impact

Hozzl · 2022-12-31T05:27:11Z

Explore the details of Senate Bill 2099 Health Savings Account Expansion Act of 2021 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

12/31/2022, 5:27 AM

Congressional Summary of S 2099

Health Savings Account Expansion Act of 2021

This bill permits individuals who are not enrolled in a high deductible health plan to participate in health savings accounts (HSAs). It also increases the allowable amount of the deduction for contributions to HSAs.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 2099

Bill S 2099 is currently in the status of Bill Introduced since June 17, 2021. Bill S 2099 was introduced during Congress 117 and was introduced to the Senate on June 17, 2021. Bill S 2099's most recent activity was Read twice and referred to the Committee on Finance. as of June 17, 2021

Bipartisan Support of Bill S 2099

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2099

Primary Policy Focus

Taxation

Potential Impact Areas

- Bank accounts, deposits, capital

- Health care costs and insurance

- Income tax deductions

Alternate Title(s) of Bill S 2099

A bill to amend the Internal Revenue Code of 1986 to allow individuals who are not enrolled in a high deductible health plan to have access to health savings accounts, and for other purposes.

Health Savings Account Expansion Act of 2021