S.Amdt. 646Senate115th Congress (2017-2019)2nd degree

S.Amdt. 646

Sponsored by Ben SasseSen. Ben Sasse (R-NE)
Submitted July 27, 2017

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Senate amendment submitted

July 27, 2017

Text

Submitted

SA 646. Mr. SASSE submitted an amendment intended to be proposed to
amendment SA 267 proposed by Mr. McConnell to the bill H.R. 1628, to
provide for reconciliation pursuant to title II of the concurrent
resolution on the budget for fiscal year 2017; which was ordered to lie
on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. MAXIMUM CONTRIBUTION LIMIT TO HEALTH SAVINGS
ACCOUNT INCREASED TO 150 PERCENT OF THE AMOUNT
OF DEDUCTIBLE AND OUT-OF-POCKET LIMITATION.

(a) Self-Only Coverage.--Section 223(b)(2)(A) of the
Internal Revenue Code of 1986 is amended by striking
``$2,250'' and inserting ``150 percent of the amount in
effect under subsection (c)(2)(A)(ii)(I)''.
(b) Family Coverage.--Section 223(b)(2)(B) of such Code is
amended by striking ``$4,500'' and inserting ``150 percent of
the amount in effect under subsection (c)(2)(A)(ii)(II)''.
(c) Cost-of-living Adjustment.--Section 223(g)(1) of such
Code is amended--
(1) by striking ``subsections (b)(2) and'' both places it
appears and inserting ``subsection'', and
(2) in subparagraph (B), by striking ``determined by'' and
all that follows through `` `calendar year 2003'.'' and
inserting ``determined by substituting `calendar year 2003'
for `calendar year 1992' in subparagraph (B) thereof.''.
(d) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2017.
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