S5297-118

Introduced

To amend the Internal Revenue Code of 1986 to increase the limitations on contributions to health savings accounts, and for other purposes.

118th Congress Introduced Nov 12, 2024

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 increase the limitations on contributions to health savings accounts, and for other purposes., changes federal law or congressional policy affecting health care providers and patients. The main policy domain is Healthcare, Finance, Environment.

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 S1: 1. Short title This Act may be cited as the Health Savings Accounts For All Act of 2024.
  • Section id76953A19CA5344F0BF2BC5ACCAD09D8C: 2. Increase in contribution limitations Subsection (b) of section 223 of the Internal Revenue Code of 1986 is amended— in paragraph (1), by striking the sum of...
  • Section idF5E912FFA4894CD099A6C9DD2D5CA683: 3. Freedom from mandate Section 223 of the Internal Revenue Code of 1986, as amended by section 2, is further amended by striking subsections (c) and (g) and...
  • Section ID81930c7cea454402bbfc78baf748b46d: 4. Amounts paid for health insurance or direct primary care service arrangement Paragraph (2) of section 223(c) of the Internal Revenue Code of 1986, as...
  • Section HDB95B151BAC145FFB13883FC5EDDDD01: 5. Special rule for certain medical expenses incurred before establishment of account Paragraph (2) of section 223(c) of the Internal Revenue Code of 1986, as...

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 increase the limitations on contributions to health savings accounts, and for other purposes., changes federal law or congressional policy affecting health care providers and patients.

Key Policy Areas

Healthcare, Finance, Environment

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to increase the limitations on contributions to health savings accounts, and for other purposes., changes federal law or congressional policy affecting health care providers and patients.

Policy Domains

Healthcare Finance Environment

Whole bill

Identified Gains
  • health care providers and patients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
health care providers and patients: ,
Identified Costs
  • federal implementing agencies
  • health care providers and patients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
health care providers and patients: ,

Legislative Progress

Introduced
Introduced Committee Passed
Nov 12, 2024

Mr. Paul introduced the following bill; which was read twice …

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?

Domains
Healthcare Finance Environment
Actor Mappings
"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