Dietary Supplements Access Act
Sen. Cramer Introduces Bill to Allow Tax-Free Health Accounts to Pay for Dietary Supplements
This bill is currently in the early stages of the legislative process. It was recently introduced in the Senate and sent to the Committee on Finance for review. No further actions are scheduled at this time.
Legislative Progress
While popular with consumers, bills that reduce tax revenue often face hurdles in the Senate Finance Committee unless they are part of a larger, bipartisan tax package.
Key Points
Impact Analysis
Personal Impact
Life & Work
Small business owners who offer health FSAs or HRAs to employees would see these accounts become slightly more useful and attractive. The new supplement coverage could make their benefits packages marginally more appealing to workers. Business owners themselves with HSAs would also benefit from the tax savings on supplement purchases.
“expenses incurred for dietary supplements (as defined in section 223(d)(2)(D)) shall be treated as incurred for medical care to the extent that such amounts do not exceed $500”
Programs
Disabilities
Milestones
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
2 articlesCongress Introduces Bill Allowing Supplements Under HSA and FSA Spending Rules
The Dietary Supplements Access Act would classify certain supplements as qualified medical expenses for HSAs and FSAs. Introduced by a bipartisan group in both chambers, the bill caps spending at $250 annually per individual and $500 for joint filers to manage the budget impact.
Bicameral Dietary Supplement Access Act Seeks to Allow Use of HSAs, FSAs, HRAs for Supplements
The Dietary Supplements Access Act would amend the Internal Revenue Code to designate over-the-counter dietary supplements as qualified medical expenses. The bill was introduced by Sens. Cramer and Curtis and Reps. LaHood, Tenney, Boyle, and Gottheimer to modernize health savings rules.
Source Information
Document Type
Congressional Bill
Official Title
Dietary Supplements Access Act
Data Sources
Sponsor
Cosponsors
(1)Analysis generated by AI. Always verify with official sources.