To amend the Internal Revenue Code of 1986 to clarify the treatment of distributions from health savings accounts for long-term care services.

Bill 118 hr 5774, also known as the "Health Savings Account Long-Term Care Services Act," aims to make changes to the Internal Revenue Code of 1986 regarding the treatment of distributions from health savings accounts (HSAs) for long-term care services.

The bill seeks to clarify that individuals can use funds from their HSAs to pay for long-term care services without facing penalties or taxes. This is important as long-term care services, such as nursing home care or in-home care, can be expensive and often not covered by traditional health insurance plans.

By allowing individuals to use their HSA funds for long-term care services, this bill aims to provide more flexibility and financial support for individuals who may need these services in the future. This can help alleviate the financial burden that long-term care can place on individuals and their families. Overall, the Health Savings Account Long-Term Care Services Act seeks to provide individuals with more options for funding their long-term care needs and ensure that they can access the care they need without facing unnecessary financial barriers.