Summary: H.R.614 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for H.R.614. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/08/1999)

Medical Savings Account Effectiveness Act of 1999 - Amends the Internal Revenue Code with respect to medical savings accounts to: (1) repeal the limitation on the number of accounts; (2) make all employers (currently limited to small employers) eligible to offer accounts; (3) increase contribution deduction amounts; (4) permit employer and employee contributions; (5) reduce high deductible health plan deductibles; and (6) permit accounts to be offered under cafeteria plans.