Allowing HSA rollover to child or parent of account holder

(a) In general Paragraph (8)(A) of section 223(e) of the Internal Revenue Code of 1986, as redesignated by the preceding sections of this Act, is amended— (1) by inserting, child, parent, or grandparent after surviving spouse, (2) by inserting, child, parent, or grandparent, as the case may be, after the spouse, (3) by inserting, child, parent, or grandparent after spouse in the heading thereof, and (4) by adding at the end the following: In the case of a child who acquires such beneficiary’s interest and with respect to whom a deduction under section 151 is allowable to another taxpayer for a taxable year beginning in the calendar year in which such individual’s taxable year begins, such health savings account shall be treated as a health savings account of such child.. (b) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.