H.R. 4696 (111th): To expand the availability of health savings accounts, to eliminate restrictions on the deduction for medical expenses, and to provide for cooperative governing of individual health insurance coverage offered in interstate commerce.

Introduced:
Feb 25, 2010 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Michele Bachmann
Representative for Minnesota's 6th congressional district
Party
Republican
Text
Read Text »
Last Updated
Feb 25, 2010
Length
32 pages
Related Bills
S. 1459 (Related)
Health Care Choice Act of 2009

Referred to Committee
Last Action: Jul 16, 2009

H.R. 3217 (Related)
Health Care Choice Act of 2009

Referred to Committee
Last Action: Jul 14, 2009

 
Status

This bill was introduced on February 25, 2010, in a previous session of Congress, but was not enacted.

Progress
Introduced Feb 25, 2010
Referred to Committee Feb 25, 2010
 
Summary

No summaries available.

Cosponsors
none
Committees

House Energy and Commerce

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

Widget

Get a bill status widget for your website »

Citation

Click a format for a citation suggestion:

Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


2/25/2010--Introduced.
Amends the Internal Revenue Code to revise provisions related to health savings accounts, including to: (1) adjust the amount allowable as a deduction for health savings accounts; and (2) eliminate the restriction on purchasing health insurance from a health savings account.
Eliminates the gross income percentage limitation on the tax deduction for medical expenses.
Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with the conditions of this Act.
Exempts issuers from any secondary state's laws that would prohibit or regulate the operation of the issuer in such state, subject to certain restrictions imposed by such state.
Requires each issuer issuing individual health insurance coverage in both primary and secondary states to submit to the insurance commissioners of such states: (1) a copy of the plan of operation or feasibility study; (2) written notice of any change in its designation of its primary state and of its compliance with all the laws of the primary state; and (3) a quarterly financial statement.
Prohibits an issuer from offering, selling, or issuing individual health insurance coverage in a secondary state if the state insurance commissioner does not use a risk-based capital formula for the determination of capital and surplus requirements for all issuers.
Gives sole jurisdiction to the primary state to enforce the primary state's covered laws in the primary state and any secondary state.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

Use the comment space below for discussion of the merits of H.R. 4696 (111th) with other GovTrack users.
Your comments are not read by Congressional staff.

comments powered by Disqus