Appetite In Congress For Adding Supplements To Pre-tax Savings Grows By Another House Bill
Executive Summary
Reps. Brendan Boyle and Darin LaHood introduce Dietary Supplement Tax Fairness Ac to amend Internal Revenue Code to include some supplement products as qualified medical expenses.
You may also be interested in...
Buying Dietary Supplements With Health Savings Accounts Again Placed On Lawmakers’ Plates
House Republicans LaHood, IL, and Curtis, UT, and Democrats Boyle, PA, and Gottheimer, NJ, return to lawmakers’ attention legislation to allow using health savings, flexible spending and similar pre-tax health accounts to buy supplements.
Survey: US Consumers Support Using Health Savings Accounts For Dietary Supplements
Oversample of respondents with FSA/HSAs included to ensure sufficient sample to analyze. All data nationally representative of US adult population and weighted to match US Census characteristics.
Hitching A Ride Could Be Legislative Route For Adding Supplements To Pre-tax Savings Accounts
Support from members of both parties is a good start, supplement industry trade groups say, but reaching a finish line of passing a bill on its own doesn’t appear likely in 2021, while the odds might be better on adding the legislation as a provision to a broader bill.