H.R. 524 - Restoring Consumer-Driven Health Care Act of 2011

Restoring Consumer-Driven Health Care Act of 2011

H.R. 524 — 112^th Congress (2011–2012)

Summary

To amend the Internal Revenue Code of 1986 to repeal the provisions of the Patient Protection and Affordable Care Act that limit distributions from medical-related tax-preferred accounts for medicines only if the medicines are prescribed drugs or insulin and to repeal the increase in additional tax on distributions from health savings accounts and Archer MSAs not used for qualified medical expenses. (by CRS)

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Title

To amend the Internal Revenue Code of 1986 to repeal the provisions of the Patient Protection and Affordable Care Act that limit distributions from medical-related tax-preferred accounts for medicines only if the medicines are prescribed drugs or insulin and to repeal the increase in additional tax on distributions from health savings accounts and Archer MSAs not used for qualified medical expenses.

Other Titles

• Restoring Consumer-driven Health Care Act of 2011

Sponsor

Benjamin Quayle

Co-Sponsors

Subjects

• Taxation
• Health care costs and insurance
• Income tax deductions
• Prescription drugs
• Tax administration and collection, taxpayers

Related Bills

• H.R. 2529 (112^th) : Restoring Access to Medication Act
• H.R. 5842 (112^th) : Restoring Access to Medication Act of 2012
• S. 1368 (112^th) : Restoring Access to Medication Act

Major Actions

Introduced	2/08/2011
Referred to Committee

Bill History

• All Votes
• All Actions
• Amendments

There have been no votes on this bill.

	Action	Date	Description
	Introduced	2/08/2011
		2/08/2011	Referred to the House Committee on Ways and Means.
		2/14/2011	Referred to the Subcommittee on Health.

	Number	Sponsor	Date Offered	Status