H.R. 5858, Health Savings Account Improvements Act of 2012

Cost Estimate

As ordered reported by the House Committee on Ways and Means on May 31, 2012


H.R. 5858 would make several changes to the tax treatment of health savings accounts (HSAs). The staff of the Joint Committee on Taxation (JCT) estimates that these changes together would decrease revenues by $173 million in 2013, about $1.8 billion over the 2013-2017 period, and $4.7 billion over the 2013-2022 period. Pay-as-you-go procedures apply because enacting the legislation would affect revenues.