S3248Referred to Committee

Health Savings Accounts For All Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-11-20
Introduced
0
Cosponsors
S
ⓘ
Type

Sponsor

Rand Paul
Rand Paul
Republican · KY · Senator
Votes with party: 40.2% (316 recorded votes)

Full profile: /officials/P000603

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Finance.

2025-11-20

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

This proposal would expand Health Savings Accounts (HSAs) to allow more Americans to open and use them for medical expenses, potentially making them available to people with different types of health insurance coverage than currently allowed. The change would let workers and individuals save money tax-free for doctor visits, prescriptions, and other healthcare costs, while also allowing them to invest those savings for potential growth. This would primarily benefit people looking for ways to reduce their out-of-pocket medical expenses and build up healthcare savings over time.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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