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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Title(s) as Introduced

Senior Health Planning Account Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to create senior health planning accounts funded by the proceeds of the sale or assignment of life insurance contracts.

Actions Overview (1)

Date Actions Overview
02/25/2020Introduced in House

All Actions (3)

Date All Actions
02/25/2020Referred to the House Committee on Ways and Means.
Action By: House of Representatives
02/25/2020Referred to the Subcommittee on Health.
Action By: Committee on Ways and Means
02/25/2020Introduced in House
Action By: House of Representatives

Cosponsors (2)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Steube, W. Gregory [R-FL-17]* 02/25/2020
Rep. Holding, George [R-NC-2] 10/13/2020

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Ways and Means02/25/2020 Referred to
House Ways and Means Subcommittee on Health02/25/2020 Referred to

No related bill information was received for H.R.5958.

Subjects (6)

Latest Summary (1)

There is one summary for H.R.5958. View summaries

Shown Here:
Introduced in House (02/25/2020)

Senior Health Planning Account Act

This bill allows tax-exempt senior health planning accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. The bill excludes from gross income (1) the gains that are contributed to the accounts, and (2) distributions from the accounts that are used exclusively for the health care expenses of the account beneficiary or the account beneficiary's spouse.