Us Congress 2025-2026 Regular Session

Us Congress House Bill HB2667 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	I
2	2	119THCONGRESS
3	3	1
4	4	STSESSION H. R. 2667
5	5	To amend the Internal Revenue Code of 1986 to allow distributions from
6	6	a health flexible spending arrangement or health reimbursement arrange-
7	7	ment directly to a health savings account in connection with establishing
8	8	coverage under a high deductible health plan.
9	9	IN THE HOUSE OF REPRESENTATIVES
10	10	APRIL7, 2025
11	11	Mr. B
12	12	EANof Florida (for himself, Mr. PANETTA, and Mr. CRENSHAW) intro-
13	13	duced the following bill; which was referred to the Committee on Ways
14	14	and Means
15	15	A BILL
16	16	To amend the Internal Revenue Code of 1986 to allow dis-
17	17	tributions from a health flexible spending arrangement
18	18	or health reimbursement arrangement directly to a health
19	19	savings account in connection with establishing coverage
20	20	under a high deductible health plan.
21	21	Be it enacted by the Senate and House of Representa-1
22	22	tives of the United States of America in Congress assembled, 2
23	23	SECTION 1. SHORT TITLE. 3
24	24	This Act may be cited as the ‘‘Flexible Savings Ar-4
25	25	rangements for a Healthy Robust America Act’’. 5
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28	28	•HR 2667 IH
29	29	SEC. 2. FSA AND HRA TERMINATIONS OR CONVERSIONS TO 1
30	30	FUND HSAs. 2
31	31	(a) I
32	32	NGENERAL.—Section 106(e)(2) of the Internal 3
33	33	Revenue Code of 1986 is amended to read as follows: 4
34	34	‘‘(2) Q
35	35	UALIFIED HSA DISTRIBUTION .—For pur-5
36	36	poses of this subsection— 6
37	37	‘‘(A) I
38	38	N GENERAL.—The term ‘qualified 7
39	39	HSA distribution’ means, with respect to any 8
40	40	employee, a distribution from a health flexible 9
41	41	spending arrangement or health reimbursement 10
42	42	arrangement of such employee directly to a 11
43	43	health savings account of such employee if— 12
44	44	‘‘(i) such distribution is made in con-13
45	45	nection with such employee establishing 14
46	46	coverage under a high deductible health 15
47	47	plan (as defined in section 223(c)(2)) after 16
48	48	a significant period of not having such cov-17
49	49	erage, and 18
50	50	‘‘(ii) such arrangement is described in 19
51	51	section 223(c)(1)(B)(iii) with respect to 20
52	52	the portion of the plan year after such dis-21
53	53	tribution is made. 22
54	54	‘‘(B) D
55	55	OLLAR LIMITATION.—The aggre-23
56	56	gate amount of distributions from health flexi-24
57	57	ble spending arrangements and health reim-25
58	58	bursement arrangements of any employee which 26
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61	61	•HR 2667 IH
62	62	may be treated as qualified HSA distributions 1
63	63	in connection with an establishment of coverage 2
64	64	described in subparagraph (A)(i) shall not ex-3
65	65	ceed the dollar amount in effect under section 4
66	66	125(i)(1) (twice such amount in the case of cov-5
67	67	erage which is described in section 6
68	68	223(b)(2)(B)).’’. 7
69	69	(b) P
70	70	ARTIALREDUCTION OF LIMITATION ONDE-8
71	71	DUCTIBLEHSA CONTRIBUTIONS.—Section 223(b)(4) of 9
72	72	such Code is amended by striking ‘‘and’’ at the end of 10
73	73	subparagraph (B), by striking the period at the end of 11
74	74	subparagraph (C) and inserting ‘‘, and’’, and by inserting 12
75	75	after subparagraph (C) the following new subparagraph: 13
76	76	‘‘(D) so much of any qualified HSA dis-14
77	77	tribution (as defined in section 106(e)(2)) made 15
78	78	to a health savings account of such individual 16
79	79	during the taxable year as does not exceed the 17
80	80	aggregate increases in the balance of the ar-18
81	81	rangement from which such distribution is 19
82	82	made which occur during the portion of the 20
83	83	plan year which precedes such distribution 21
84	84	(other than any balance carried over to such 22
85	85	plan year and determined without regard to any 23
86	86	decrease in such balance during such portion of 24
87	87	the plan year).’’. 25
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90	90	•HR 2667 IH
91	91	(c) CONVERSION TO HSA-COMPATIBLEARRANGE-1
92	92	MENT FOR REMAINDER OF PLANYEAR.—Section 2
93	93	223(c)(1)(B)(iii) of such Code is amended to read as fol-3
94	94	lows: 4
95	95	‘‘(iii) coverage under a health flexible 5
96	96	spending arrangement or health reimburse-6
97	97	ment arrangement for the portion of the 7
98	98	plan year after a qualified HSA distribu-8
99	99	tion (as defined in section 106(e)(2) deter-9
100	100	mined without regard to subparagraph 10
101	101	(A)(ii) thereof) is made, if the terms of 11
102	102	such arrangement which apply for such 12
103	103	portion of the plan year are such that, if 13
104	104	such terms applied for the entire plan 14
105	105	year, then such arrangement would not be 15
106	106	taken into account under subparagraph 16
107	107	(A)(ii) of this paragraph for such plan 17
108	108	year.’’. 18
109	109	(d) I
110	110	NCLUSION OFQUALIFIEDHSA DISTRIBUTIONS 19
111	111	ONW–2.— 20
112	112	(1) I
113	113	N GENERAL.—Section 6051(a) of such 21
114	114	Code is amended by striking ‘‘and’’ at the end of 22
115	115	paragraph (16), by striking the period at the end of 23
116	116	paragraph (17) and inserting ‘‘, and’’, and by insert-24
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119	119	•HR 2667 IH
120	120	ing after paragraph (17) the following new para-1
121	121	graph: 2
122	122	‘‘(18) the amount of any qualified HSA dis-3
123	123	tribution (as defined in section 106(e)(2)) with re-4
124	124	spect to such employee.’’. 5
125	125	(2) C
126	126	ONFORMING AMENDMENT .—Section 6
127	127	6051(a)(12) of such Code is amended by inserting 7
128	128	‘‘(other than any qualified HSA distribution, as de-8
129	129	fined in section 106(e)(2))’’ before the comma at the 9
130	130	end. 10
131	131	(e) E
132	132	FFECTIVEDATE.—The amendments made by 11
133	133	this section shall apply to distributions made after Decem-12
134	134	ber 31, 2025, in taxable years ending after such date. 13
135	135	Æ
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