HOUSE BILL 73

File Code: Taxes - Income Prior Year Introduction As: HB 189/95 - ECM

Sponsored By:

Delegate Kelly

Entitled:

Health Care Savings Accounts

Synopsis:

Authorizing individuals to establish health care savings accounts eligible for specified tax benefits for the purpose of paying eligible health care expenses; authorizing an employer of an individual to contribute to an individual's health care savings account; providing a subtraction modification under the Maryland income tax for specified amounts contributed to an individual's health care savings account; providing an addition modification for specified amounts distributed to an account; etc.

Legislative History

House Action

7/10

Pre-filed

1/10

First Reading Economic Matters

1/16

Re-assigned Ways and Means

1/31

Hearing 2/8 at 11:00 a.m.

3/21

Unfavorable Report by Ways and Means

Senate Action

No Action

Bill indexed under the following Subjects:

EXEMPTIONS

FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO, CREDIT U

HEALTH -see also- MENTAL HEALTH

HEALTH PLANNING AND COST REVIEW

INCOME TAX

REPORTS -see also- RECORDS

WORK, LABOR AND EMPLOYMENT -see also- LEAVE, OVERTIME

Bill affects the following Statutes:

Tax - General

( 10-205 , 10-205 , 10-208 , 10-208 , 10-224 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None available