This proposal would change parts of the federal tax code related to health care. It is called the Health Out-of-Pocket Expense Act of 2025 and would add a new section creating “HOPE Accounts.” The provided text lists this section but does not include details on how the accounts work, who qualifies, or when any changes would start.

Key points:

• What changes: Adds “HOPE Accounts” as a new Section 530A of the tax code.
• Focus: Out-of-pocket health expenses.
• Who is affected: Not specified in the provided text.
• When it starts: Not specified in the provided text.