Aaron Bean (R-FL)

HSA’s For All Act

H.R. 7681 · House bill Taxation

A Republican bill with 7 Republican cosponsors · See all 7 cosponsors

Last activity — Referred to the House Committee on Ways and Means.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "HSA's For All Act," aims to amend the Internal Revenue Code of 1986. The primary purpose is to expand the eligibility requirements for health savings accounts. It changes the definition of an "eligible individual" based on coverage under a "covered health plan." This bill also updates the definition of a "covered health plan" to include qualified health plans from an Exchange or group health plans. These changes include several conforming amendments to various sections of the code. The amendments are set to take effect for taxable years beginning after December 31, 2026.

Yes· 3 of 4

  • Scored +5

    Does this strengthen the Affordable Care Act?

    The bill expands eligibility for health savings accounts by including qualified health plans offered through the ACA Exchange.

  • Scored +4

    Would middle-income households be better off under this?

    Expanding HSA eligibility allows more people with group or exchange-based health plans to utilize tax-advantaged savings.

  • Scored +3

    Would households on low incomes be better off under this?

    The bill expands access to health savings accounts for individuals covered under various qualified health plans.

The opposite

No question was scored the opposite.