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H.R. 4618

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to provide for a temporary moratorium on certain taxes affecting purchases of prescription medication.
About This Bill
Committee
Latest Action · December 12, 2017
Referred to the House Committee on Ways and Means.
Congress
115th (2017–2019)
Introduced
December 12, 2017
Cosponsors (0)
None
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Summary

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This bill amends the Internal Revenue Code to temporarily permit tax-favored health savings accounts, Archer Medical Savings Accounts, health flexible spending arrangements, and health reimbursement arrangements to be used to purchase over-the-counter medicine that is not prescribed by a physician. The bill applies during the period beginning on January 1, 2018, and ending on December 31, 2019.

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