Dietary Supplements Access Act
- Bill Number
- S. 4587
- Origin Chamber
- Senate
- Congress
- 119th Congress, Session 2
- Policy Area
- Taxation
- Status
- Introduced
- Latest Action
- 2026-05-20: Read twice and referred to the Committee on Finance.
- Last Updated
- 2026-06-05T15:37:14Z
AI-Generated Summary
Summary of S. 4587: Dietary Supplements Access Act
Purpose
This legislation aims to expand access to tax-advantaged accounts by treating certain dietary supplements as qualified medical expenses under the Internal Revenue Code.
Key Provisions
- Short Title: The bill is named the "Dietary Supplements Access Act."
- Inclusion for Health Savings Accounts (HSAs): Amends section 223(d)(2)(A) to allow amounts paid for dietary supplements as medical care, capped at $500 per taxable year ($250 for married individuals filing separately).
- Definition of Dietary Supplements: Adds a new subparagraph defining the term based on section 201(ff) of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321(ff)), while excluding products marketed as energy drinks, soft drinks, or soda.
- Archer Medical Savings Accounts (MSAs): Extends similar treatment to amounts paid for dietary supplements under section 220(d)(2), with the same annual limits.
- Health Flexible Spending Arrangements (FSAs) and Health Reimbursement Arrangements (HRAs): Amends section 106 to treat expenses for dietary supplements as medical care under sections 105 and 106, subject to the $500/$250 annual cap.
- Effective Dates: Changes apply to amounts paid or expenses incurred after December 31, 2026.
Significant Changes to Existing Law
- Modifies the definition of "medical care" in sections 223, 220, and 106 of the Internal Revenue Code of 1986 to include dietary supplements within specified dollar limits, which previously did not qualify as deductible or reimbursable medical expenses.
- Introduces a new exclusion for certain beverage-style products from the dietary supplement category.
Potential Impacts
- On Citizens: Allows individuals with HSAs, Archer MSAs, FSAs, or HRAs to use these accounts for limited purchases of dietary supplements on a tax-advantaged basis, potentially reducing out-of-pocket costs for eligible users.
- On Government Agencies: The Internal Revenue Service would administer the updated rules for account eligibility and tax reporting, with possible minor effects on tax revenue collection due to expanded qualified expenses.
- On International Relations: No direct effects identified in the legislation.
Main Stakeholders Affected
- Individuals and families using HSAs, Archer MSAs, FSAs, or HRAs for health-related purchases.
- Dietary supplement manufacturers and retailers, who may see increased demand from tax-advantaged spending.
- Employers offering health benefit accounts.
- The Internal Revenue Service, responsible for enforcement and guidance.
Notable Legal, Constitutional, or Political Implications
- Represents an expansion of tax code provisions for medical expenses, potentially affecting how "qualified medical expenses" are interpreted in future legislation.
- No apparent constitutional issues raised within the bill text; it operates within Congress's authority to amend tax laws.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Cosponsors (1)
Recent Actions
- 2026-05-20: Read twice and referred to the Committee on Finance.
- 2026-05-20: Introduced in Senate
Bill Versions
- Dietary Supplements Access Act — issued 2026-05-20 — PDF (3 pages)