[Congressional Bills 113th Congress] [From the U.S. Government Publishing Office] [H.R. 4180 Introduced in House (IH)] 113th CONGRESS 2d Session H. R. 4180 To amend the Internal Revenue Code of 1986 to permit rollovers from health savings accounts to Medicare Advantage MSAs. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 6, 2014 Mr. Ross 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 permit rollovers from health savings accounts to Medicare Advantage MSAs. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. HSA ROLLOVER TO MEDICARE ADVANTAGE MSA. (a) In General.--Paragraph (2) of section 138(b) of the Internal Revenue Code of 1986 is amended by striking ``or'' at the end of subparagraph (A), by adding ``or'' at the end of subparagraph (B), and by adding at the end the following new subparagraph: ``(C) a HSA rollover contribution described in subsection (c)(5),''. (b) HSA Rollover Contribution.--Subsection (c) of section 138 of such Code is amended by adding at the end the following new paragraph: ``(5) Rollover contribution.--An amount is described in this paragraph as a rollover contribution if it meets the requirements of subparagraphs (A) and (B). ``(A) In general.--The requirements of this subparagraph are met in the case of an amount paid or distributed from a health savings account to the account beneficiary to the extent the amount received is paid into a Medicare Advantage MSA of such beneficiary not later than the 60th day after the day on which the beneficiary receives the payment or distribution. ``(B) Limitation.--This paragraph shall not apply to any amount described in subparagraph (A) received by an individual from a health savings account if, at any time during the 1-year period ending on the day of such receipt, such individual received any other amount described in subparagraph (A) from a health savings account which was not includible in the individual's gross income because of the application of section 223(f)(5)(A).''. (c) Conforming Amendment.--Subparagraph (A) of section 223(f)(5) of such Code is amended by inserting ``, a Medicare Advantage MSA (as defined in section 138(b)),'' before ``or a health savings account''. (d) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2013. <all>