To amend the Internal Revenue Code of 1986 to treat distributions from health savings accounts for funeral expenses of the account beneficiary as qualified distributions.

3/28/2025, 8:07 AM

Summary of Bill HR 2436

Bill 119 HR 2436, also known as the Funeral Expenses for Health Savings Accounts Act, aims to amend the Internal Revenue Code of 1986. The bill proposes to classify distributions from health savings accounts (HSAs) for funeral expenses of the account beneficiary as qualified distributions.

Currently, HSAs are tax-advantaged accounts that individuals can use to save for medical expenses. However, under current law, distributions from HSAs for non-medical expenses are subject to taxes and penalties. This bill seeks to make an exception for funeral expenses, allowing individuals to use funds from their HSA to cover these costs without facing additional taxes or penalties.

The purpose of this bill is to provide individuals with more flexibility in using their HSA funds, particularly in times of unexpected financial burden due to funeral expenses. By allowing distributions for funeral expenses to be considered qualified, individuals can better plan for end-of-life costs and alleviate some of the financial strain that comes with losing a loved one. Overall, the Funeral Expenses for Health Savings Accounts Act aims to provide individuals with more options for utilizing their HSA funds and ensuring that they can adequately cover funeral expenses without facing unnecessary financial burdens.

Current Status of Bill HR 2436

Bill HR 2436 is currently in the status of Bill Introduced since March 27, 2025. Bill HR 2436 was introduced during Congress 119 and was introduced to the House on March 27, 2025. Bill HR 2436's most recent activity was Referred to the House Committee on Ways and Means. as of March 27, 2025

Bipartisan Support of Bill HR 2436

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 HR 2436

Primary Policy Focus

Alternate Title(s) of Bill HR 2436

To amend the Internal Revenue Code of 1986 to treat distributions from health savings accounts for funeral expenses of the account beneficiary as qualified distributions.To amend the Internal Revenue Code of 1986 to treat distributions from health savings accounts for funeral expenses of the account beneficiary as qualified distributions.

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Comments

Sponsors and Cosponsors of HR 2436

Kevin Hern

Oklahoma(Republican)

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