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H.R. 7242

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to permit expenditures from health savings accounts for gym memberships and costs of home gym equipment, to repeal the requirement that health plan be high deductible, and for other purposes.
About This Bill
Committee
Latest Action · June 18, 2020
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
June 18, 2020
Cosponsors (1)
1D 0R
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Summary

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This bill modifies requirements for health savings accounts (HSAs) to allow payments from such accounts for gym memberships, home gym equipment, and dietary nutritional supplements. It also eliminates the prohibition against Medicare recipients participating in an HSA and the requirement that HSA participants be covered under a high deductible health plan.

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