To amend the Internal Revenue Code of 1986 to improve health savings accounts, and for other purposes.
Health Savings Accounts Improvements Act of 2012 - Amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to: (1) allow a tax credit for retirement savings contributions for deductible contributions made to an HSA and salary reduction contributions under a cafeteria plan made by an employer to an HSA; (2) provide a special rule to allow a tax deduction for medical expenses incurred before the establishment of an HSA; (3) allow a husband and wife to make catch-up contributions to the same HSA; (4) allow veterans who receive medical benefits for a service-connected disability to participate in an HSA; and (5) allow HSA participants who are enrolled in a group health plan as a former employee or spouse of a former employee and who have attained age 55, but not age 65, to pay expenses for coverage under such plan from an HSA.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 21 - 7.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 112-517.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 112-517.
Placed on the Union Calendar, Calendar No. 365.
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