Patient Fairness Act of 2020

I 116TH CONGRESS 2D SESSION H. R. 5566 To amend the Internal Revenue Code of 1986 to allow all individuals to contribute to health savings accounts, and for other purposes. IN THE HOUSE OF REPRESENTATIVES JANUARY 9, 2020 Mr. DAVIDSON of Ohio (for himself, Mr. GAETZ, and Mr. YOHO) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the com- mittee concerned A BILL To amend the Internal Revenue Code of 1986 to allow all individuals to contribute to health savings accounts, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Patient Fairness Act 4 of 2020’’. 5 SEC. 2. MODIFICATIONS TO HEALTH SAVINGS ACCOUNTS. 6 (a) ALL INDIVIDUALS ALLOWED DEDUCTIONS FOR 7 CONTRIBUTIONS.—Section 223(a) of the Internal Revenue 8 VerDate Sep 11 2014 21:11 Jan 14, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H5566.IH H5566 pamtmann on DSKBC07HB2PROD with BILLS 2 •HR 5566 IH Code of 1986 is amended by striking ‘‘who is an eligible 1 individual for any month during the taxable year’’. 2 (b) NO LIMITATION ON PURCHASING HEALTH COV- 3 ERAGE.—Section 223(d)(2) of the Internal Revenue Code 4 of 1986 is amended by striking subparagraphs (B) and 5 (C) and the last sentence of subparagraph (A). 6 (c) INCREASE IN CONTRIBUTION LIMITS.— 7 (1) IN GENERAL.—Section 223(b)(1) of such 8 Code is amended by striking ‘‘the sum of the month- 9 ly’’ and all that follows through the period at the 10 end and inserting ‘‘ the sum of $8,000 (twice such 11 amount in the case of a joint return), plus $3,000 12 (twice such amount in the case of a joint return) for 13 each dependent (within the meaning of subsection 14 (d)(2)) of the taxpayer.’’. 15 (2) ADDITIONAL CONTRIBUTIONS FOR INDIVID- 16 UALS 55 OR OLDER.—Section 223(b)(3) of such 17 Code is amended to read as follows: 18 ‘‘(3) ADDITIONAL CONTRIBUTIONS FOR INDI- 19 VIDUALS 55 OR OLDER.—In the case of an individual 20 who has attained age 55 before the close of the tax- 21 able year, the applicable limitation under paragraph 22 (1) shall be increased by $3,000 ($6,000 in the case 23 of a joint return by two individuals, both of whom 24 have so attained such age).’’. 25 VerDate Sep 11 2014 21:11 Jan 14, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H5566.IH H5566 pamtmann on DSKBC07HB2PROD with BILLS 3 •HR 5566 IH (d) TREATMENT OF AMOUNTS TRANSFERRED TO 1 RELATIVES AFTER DEATH OF ACCOUNT BENEFICIARY.— 2 Section 223(f)(8) of the Internal Revenue Code of 1986 3 is amended by adding the following new subparagraph: 4 ‘‘(C) EXCEPTION FOR RELATIVES.—If the 5 person receiving the interest described in sub- 6 paragraph (B)(i) is a relative of the deceased, 7 subparagraph (B) shall not apply to the extent 8 that the amount received is paid into a health 9 savings account of such relative not later than 10 the 60th day after the date of such receipt.’’. 11 (e) CONFORMING AMENDMENTS.— 12 (1) Section 223(b) of such Code is amended by 13 striking paragraphs (2), (5), (7), and (8) and the 14 last sentence of paragraph (4). 15 (2) Section 223 of such Code is amended by 16 striking subsection (c). 17 (3) Section 223(d)(1)(A)(ii) of such Code is 18 amended by striking ‘‘exceeds the sum of’’ and all 19 that follows through the period at the end and in- 20 serting ‘‘exceeds the limitation with respect to such 21 beneficiary under paragraphs (1) and (2) of sub- 22 section (b).’’. 23 (4) Section 223(g)(1) of such Code is amend- 24 ed— 25 VerDate Sep 11 2014 21:11 Jan 14, 2020 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H5566.IH H5566 pamtmann on DSKBC07HB2PROD with BILLS 4 •HR 5566 IH (A) by striking ‘‘Each dollar amount in 1 subsections (b)(2) and (c)(2)(A)’’ and inserting 2 ‘‘In the case of a taxable year beginning after 3 2021, each dollar amount in paragraphs (1) 4 and (2) of subsection (b)’’; 5 (B) by striking ‘‘thereof’’ and all that fol- 6 lows in subparagraph (B) through ‘‘ ‘calendar 7 year 2003’ ’’ and inserting after ‘‘substituting’’ 8 the following: ‘‘ ‘calendar year 2020’ ’’; and 9 (C) by striking ‘‘under subsections (b)(2) 10 and (c)(2)(A)’’ and inserting ‘‘under para- 11 graphs (1) and (2) of subsection (b)’’. 12 (f) EFFECTIVE DATE.—The amendments made by 13 this section shall apply with respect to months in taxable 14 years beginning after December 31, 2020. 15 SEC. 3. HOSPITAL PRICE TRANSPARENCY. 16 The provisions of part 180 of subchapter E of subtitle 17 A of title 45 of the Code of Federal Regulations (as added 18 at 84 Fed. Reg. 65524 et seq.) are codified and shall have 19 the force and effect of law. 20 Æ VerDate Sep 11 2014 21:11 Jan 14, 2020 Jkt 099200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6301 E:\BILLS\H5566.IH H5566 pamtmann on DSKBC07HB2PROD with BILLS