S. 3488: Tax-Free Healthcare Savings, Access, and Portability Act
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S. 3488: Tax-Free Healthcare Savings, Access, and Portability Act
109th Congress · introduced 2006-06-09 · Taxation · Latest: Read twice and referred to the Committee on Finance.
federal
Follow this bill, step by step
- Where it came from: introduced 2006-06-09 · official record
- Who proposed it: Sen. Coburn, Tom [R-OK] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Read twice and referred to the Committee on Finance. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Tax-Free Healthcare Savings, Access, and Portability Act
Plain summary
Tax-Free Healthcare Savings, Access, and Portability Act - Amends the Internal Revenue Code to: (1) allow premiums for high deductible health insurance coverage to be paid from health savings accounts; (2) increase the contribution limits for such accounts; (3) permit rollovers to health savings accounts from health reimbursement arrangements; (4) exempt employers from health savings account contribution requirements in the case of certain acutely or chronically ill employees; (5) allow a new tax deduction for premiums paid for high deductible health insurance coverage; (6) allow a tax credit for employment taxes paid with respect to premiums for high deductible health plans and contributions to health savings accounts; and (7) provide tax incentives for health saving account insurance portability.
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
Tax-Free Healthcare Savings, Access, and Portability Act
Source: Congressional Research Service summary (Introduced in Senate)
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The strongest published arguments
Arguments for (supporters)
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Arguments against (opponents)
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Coburn, Tom [R-OK] · 4 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
John Cornyn (R-TX)
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Exemption
- A rule that removes certain people, property or activities from a tax or requirement.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-109s3488.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/109/s>
Record fed-us-cong109-s3488 · catalog fed-us-congress-bills-cong109 · updated 2026-11-15 by psicol fed-bills-cong109