S.Amdt. 3594

1. Adds SEC. 15__. EQUIVALENT BANKRUPTCY PROTECTIONS FOR HEALTH SAVINGS ACCOUNTS AS RETIREMENT FUNDS at the end of subtitle F of title I

   Adds a section

   In H.R. 4872 · Placed on Calendar Senate

   Section 279(b) of the Trade Act of 1974 (19 U.S.C. 2372a(b)) is amended by striking "Supplement" and all that follows through "Funds" and inserting "There are" and by striking "pursuant" and all that follows and inserting "$500,000,000 for each of fiscal years 2011, 2012, 2013, and 2014 to carry out this subchapter, except that the limitations contained in section 278(a)(2) shall not apply to such funds and each State shall receive not less than 0.5 percent of the amount appropriated pursuant to this subsection for each such fiscal year.".

   Inserted: SEC. 15__. EQUIVALENT BANKRUPTCY PROTECTIONS FOR HEALTH SAVINGS ACCOUNTS AS RETIREMENT FUNDS.

   Inserted: (a) In General.--Section 522 of title 11, United States Code, is amended by adding at the end the following new subsection:

   Inserted: "(r) Treatment of Health Savings Accounts.--For purposes of this section, any health savings account (as described in section 223 of the Internal Revenue Code of 1986) shall be treated in the same manner as an individual retirement account described in section 408 of such Code.".

   Inserted: (b) Effective Date.--The amendment made by this section shall apply to cases commencing under title 11, United States Code, after the date of the enactment of this Act.

   Original wording

   At the end of subtitle F of title I, add the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed