Bills · HR 5933
IN COMMITTEE· 119TH CONGRESS
House BillHR 5933Taxation
HSAs For Heroes Act
INTRO NOV 7· LAST ACTION NOV 7
READING
6MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill could fundamentally change how many Americans save and pay for healthcare. If passed, it would dramatically expand access to HSAs beyond the current high-deductible health plan requirement, allowing more people to benefit from their tax advantages. This means more individuals and families could save tax-free money for medical expenses, potentially reducing out-of-pocket costs and providing a safety net for unexpected health issues.
For veterans, it addresses a specific disparity, ensuring that all honorably discharged veterans have the same access to HSAs, regardless of the nature of their service-related benefits. The increased contribution limits could also empower individuals to save more for future healthcare needs, while the caregiving provision offers crucial support to families balancing work with caring for loved ones. Without this bill, HSAs would remain largely tied to high-deductible plans, limiting their utility for many, and veterans with non-service-connected disabilities would continue to be excluded from contributing.
KEY PROVISIONS
5AI-extractedPROVISION 01
Allows all honorably discharged veterans, regardless of their disability status or type of veterans' benefits, to contribute to a Health Savings Account (HSA).
This expands eligibility for tax-advantaged health savings to a broader group of veterans.
PROVISION 02
Removes the requirement that an individual must be enrolled in a High Deductible Health Plan (HDHP) to contribute to an HSA.
This significantly broadens who can open and contribute to an HSA, making them accessible to nearly all Americans with any health insurance.
PROVISION 03
Increases the maximum annual contribution limit for HSAs to $9,000 for individuals and $18,000 for those filing jointly.
This allows individuals and families to save substantially more tax-free money for healthcare expenses.
PROVISION 04
Permits tax-free withdrawals from HSAs for expenses incurred during periods of qualified caregiving, defined by situations similar to the Family and Medical Leave Act.
This provides financial flexibility for individuals who need to take time off to care for family members.
PROVISION 05
Requires the Treasury Department to issue regulations and report annually to Congress on HSA usage by eligible veterans, including contributions, distributions, and any issues like fraud or duplication of benefits.
This ensures oversight and helps monitor the effectiveness and fairness of the new HSA provisions for veterans.
SPONSORSHIP
1 + 0
R· Arizona
YRS IN OFFICE
9
BILLS LED
110
ACTION TIMELINE
2 EVENTSNOV 7
Introduced in House
NOV 7
Referred to the House Committee on Ways and Means.
BILL INFO
TypeHouse Bill
NumberHR 5933
Congress119th
StatusIn Committee
IntroducedNov 7, 2025
Last actionNov 7, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED NOV 7, 2025
House BillHR 5933Taxation
HSAs For Heroes Act
INTRODUCED NOV 7, 2025· LAST ACTION NOV 7, 2025
PASSAGE CHANCES
—%
READING
6 min
COSPONSORS
0
COMPLEXITY
Moderate
