Summary: H.R.1547 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.1547. Bill summaries are authored by CRS.

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Introduced in House (03/23/2015)

Family Health Care Flexibility Act

This bill amends the Internal Revenue Code to repeal provisions added by the Patient Protection and Affordable Care Act that: (1) restrict payments from health savings accounts, Archer medical savings accounts, and health flexible spending and reimbursement arrangements for medications to prescription drugs and insulin only (thus allowing payments for over-the-counter medications); and (2) impose a $2,500 limitation on salary reduction contributions to a health flexible spending arrangement under a cafeteria plan.