Long Island CPA - 516-626-2277

Federal bill seeks to help make veterinary care more affordable for pet owners


Bipartisan legislation introduced in Congress amends the IRS code to allow animal care expenses to be eligible for use with health savings accounts. The bill, the People and Animals Well-being (PAW) Act, would expand the use of tax-advantaged health care spending accounts to include veterinary care expenses. It seeks to amend Internal Revenue Code Section 213(d), and would increase animal health eligibility in programs that include Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). The PAW Act would allow pet owners to have up to $1,000 in veterinary care expenses or purchase an animal health insurance plan paid using their HSAs or FSAs, explain Congresswomen Deborah Ross (D-NC) and Claudia Tenney (R-NY), who both introduced the bill. “Pets are more than just animals – they’re beloved members of families who bring joy, comfort, and even health benefits into our lives,” said Ross. “However, rising veterinary costs often make it challenging for families and veterans to provide care for their pets or service animals. As a dog owner, I’m proud to introduce the bipartisan PAW Act, which will include veterinary care and pet insurance as eligible expenses under HSAs and FSAs to help ensure every animal lover can afford care for their pets. I’m grateful for the partnership of Congresswoman Tenney and will keep working to see this bill signed into law.”

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