How HR 138 changes current law

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill allows expenses for parents to be considered medical expenses under certain tax provisions.

• Section 223(d)(2)

  , any parent of either such individual or such spouse

  This change allows medical expenses for parents to be included under health savings accounts.

• Section 105(b)

  A health flexible spending arrangement or health reimbursement arrangement shall not fail to be treated as meeting the requirements of this subsection or section 106, and no amount shall be included in gross income of the taxpayer, solely because, under the arrangement, the taxpayer may use amounts contributed to such arrangement for medical care (as defined in section 213(d), without regard to paragraph (1)(D) thereof) for a parent of the taxpayer or of the spouse of the taxpayer.

  This change clarifies that amounts contributed to flexible spending or health reimbursement arrangements can be used for medical care expenses of parents.

• Section 220(d)(2)

  , any parent of either such individual or such spouse

  This change allows medical expenses for parents to be included under Archer Medical Savings Accounts.