To amend the Internal Revenue Code of 1986 to allow expenses for parents to be taken into account as medical expenses, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to allow expenses for parents to be taken into account as medical expenses, and for other purposes., changes federal law or congressional policy affecting health care providers and patients. The main policy domain is Healthcare, Foreign Policy, Housing.
Who Benefits and How
health care providers and patients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, health care providers and patients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H7658B03B7D77452DA5EFFCA8F6BCF982: 1. Short title This Act may be cited as the Lowering Costs for Caregivers Act of 2023.
- Section H5C8C0C0569C047EC9A6BB3C20AF9EDA0: 2. Health savings accounts Subparagraph (A) of section 223(d)(2) of the Internal Revenue Code of 1986 is amended by inserting , any parent of either such...
- Section H4D8EBE8F6C934665B9C4BC3596BDDC85: 3. Flexible spending and health reimbursement arrangements Subsection (b) of section 105 of the Internal Revenue Code of 1986 is amended by adding at the end...
- Section HE4722A2976C9438A9BC592D82DDA7DBE: 4. Archer MSAs Subparagraph (A) of section 220(d)(2) of the Internal Revenue Code of 1986 is amended by inserting , any parent of either such individual or...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to allow expenses for parents to be taken into account as medical expenses, and for other purposes., changes federal law or congressional policy affecting health care providers and patients.
Key Policy Areas
Healthcare, Foreign Policy, Housing
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to allow expenses for parents to be taken into account as medical expenses, and for other purposes., changes federal law or congressional policy affecting health care providers and patients.
Policy Domains
Whole bill
Identified Gains
- health care providers and patients
Identified Costs
- federal implementing agencies
- health care providers and patients
Sponsors
Legislative Progress
IntroducedMr. Buchanan (for himself and Mr. Thompson of California) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology