Legislation

Title: Health Savings Accounts – Establishment and Application of Trust Law
Sponsored by: Senator West
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 617
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Authorizing the establishment of a certain health savings account; providing that certain provisions of law do not apply to certain health savings accounts; providing that a health savings account is established on the first day that an individual becomes covered under a high deductible health plan; requiring a health savings account to be opened with a trustee or custodian within a certain time period; and clarifying that a health savings account is established regardless of certain circumstances.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Judiciary

Committee Testimony

Witness List

Details

Emergency Bill

Cross-filed with: HB0671

Bill File Type: Regular

Effective Date(s): Upon Enactment

History

Legislation History
Chamber Senate Calendar Date 1/29/2020 Legislative Date 1/29/2020 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Estates and Trusts - Health Savings Accounts - Establishment Proceedings
Chamber Senate Calendar Date 1/31/2020 Legislative Date 1/31/2020 Action Hearing 2/19 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/21/2020 Legislative Date 2/21/2020 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 2/24/2020 Legislative Date 2/24/2020 Action Favorable with Amendments {417670/1 Adopted Proceedings 34 Click to view Recorded Media
Chamber Senate Calendar Date 2/24/2020 Legislative Date 2/24/2020 Action Second Reading Passed with Amendments Proceedings 34 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Health Savings Accounts – Establishment and Application of Trust Law Proceedings
Chamber Senate Calendar Date 2/26/2020 Legislative Date 2/26/2020 Action Third Reading Passed (46-0) Proceedings 36 Click to view Recorded Media
Chamber House Calendar Date 2/27/2020 Legislative Date 2/27/2020 Action Referred Judiciary Proceedings 37 Click to view Recorded Media
Chamber House Calendar Date 3/12/2020 Legislative Date 3/12/2020 Action Hearing 3/18 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/14/2020 Legislative Date 3/14/2020 Action Hearing canceled Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Judiciary Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/14/2020 Legislative Date 3/14/2020 Action Favorable Report by Judiciary Proceedings
Chamber House Calendar Date 3/14/2020 Legislative Date 3/11/2020 Action Favorable Adopted Second Reading Passed Proceedings 48 Click to view Recorded Media
Chamber House Calendar Date 3/16/2020 Legislative Date 3/12/2020 Action Third Reading Passed (132-0) Proceedings 49BClick to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/15/2020 Action Returned Passed Proceedings 53CClick to view Recorded Media
Chamber Post Passage Calendar Date 5/08/2020 Legislative Date 5/08/2020 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 617 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Health Savings Accounts – Establishment and Application of Trust Law Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/29/2020	1/29/2020	First Reading Finance
			Text - First - Estates and Trusts - Health Savings Accounts - Establishment
Senate	1/31/2020	1/31/2020	Hearing 2/19 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/21/2020	2/21/2020	Favorable with Amendments Report by Finance
Senate	2/24/2020	2/24/2020	Favorable with Amendments {417670/1 Adopted	34 Click to view Recorded Media
Senate	2/24/2020	2/24/2020	Second Reading Passed with Amendments	34 Click to view Recorded Media
			Text - Third - Health Savings Accounts – Establishment and Application of Trust Law
Senate	2/26/2020	2/26/2020	Third Reading Passed (46-0)	36 Click to view Recorded Media
House	2/27/2020	2/27/2020	Referred Judiciary	37 Click to view Recorded Media
House	3/12/2020	3/12/2020	Hearing 3/18 at 1:00 p.m.
House	3/14/2020	3/14/2020	Hearing canceled
			Vote - House - Committee - Judiciary	Click to view Recorded Media
House	3/14/2020	3/14/2020	Favorable Report by Judiciary
House	3/14/2020	3/11/2020	Favorable Adopted Second Reading Passed	48 Click to view Recorded Media
House	3/16/2020	3/12/2020	Third Reading Passed (132-0)	49BClick to view Recorded Media
Senate	3/18/2020	3/15/2020	Returned Passed	53CClick to view Recorded Media
Post Passage	5/08/2020	5/08/2020	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 617
			Text - Chapter - Health Savings Accounts – Establishment and Application of Trust Law

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