1996 Regular Session

HOUSE BILL 743

File Code: Taxes - Income Prior Year Introduction As: HB 189/95 - ECM
Sponsored By:
Delegates Hixson, Franchot, and Dembrow
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 from an account; etc.

Legislative History

House Action
2/1
First Reading Ways and Means
Hearing 2/8 at 11:00 a.m.
3/21
Unfavorable Report by Ways and Means
Senate Action
No Action
Sponsored by:
Delegate Sheila Ellis Hixson, District 20
Delegate Dana Lee Dembrow, District 20
Delegate Peter Franchot, District 20
Bill indexed under the following Subjects:
EXEMPTIONS
FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO, CREDIT U
HEALTH -see also- MENTAL HEALTH
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