Flexible Savings Arrangements for a Healthy Robust America Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2667 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2667 To amend the Internal Revenue Code of 1986 to allow distributions from a health flexible spending arrangement or health reimbursement arrangement directly to a health savings account in connection with establishing coverage under a high deductible health plan. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 7, 2025 Mr. Bean of Florida (for himself, Mr. Panetta, and Mr. Crenshaw) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to allow distributions from a health flexible spending arrangement or health reimbursement arrangement directly to a health savings account in connection with establishing coverage under a high deductible health plan. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Flexible Savings Arrangements for a Healthy Robust America Act''. SEC. 2. FSA AND HRA TERMINATIONS OR CONVERSIONS TO FUND HSAS. (a) In General.--Section 106(e)(2) of the Internal Revenue Code of 1986 is amended to read as follows: ``(2) Qualified hsa distribution.--For purposes of this subsection-- ``(A) In general.--The term `qualified HSA distribution' means, with respect to any employee, a distribution from a health flexible spending arrangement or health reimbursement arrangement of such employee directly to a health savings account of such employee if-- ``(i) such distribution is made in connection with such employee establishing coverage under a high deductible health plan (as defined in section 223(c)(2)) after a significant period of not having such coverage, and ``(ii) such arrange