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NAC at the forefront of the PHIT bill
The NAC advocacy team, consisting of NAC owner, Jim Worthington and Director of Government Relations, Linda Mitchell, has been working closely with the IHRSA (International Health Racquet and Sportsclub Association) Public Policy team and our Washington D.C. lobbyists to promote this bill in the halls of congress.
The PHIT (Personal Health Investment Today) bill is federal legislation that would allow any US taxpayer to use pre-tax Health Savings Account (HSA) and Flexible Savings Accounts (FSA) to pay for qualified fitness expenses, like youth sports fees, health club dues and sports safety equipment. The allowable expenses for these services are up to $500 for an individual and $1,000 for a family – projecting a possible savings of 20 – 30%.
Historial Progress on PHIT on July 28, 2018
The PHIT bill passed in the US House of Representatives on July 28, 2018 as part of an HSA spending expansion package (HR 6199). The bill is now on its way to the Senate where it has to pass by a vote of 60 out of 100 or better. Once the bill passes in the Senate it can go to the president’s desk for signature.
How can you help this bill pass?
We will be in touch about what you can do as a constituent in the state of Pennsylvania to contact your Senators, Pat Toomey and Bob Casey to urge them to support the bill. The timing is critical as we will want to contact our legislators in the month of September – if not sooner.
In the meantime we would love to know if you have an HSA, FSA or both, so please complete the form below.
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