SB 0984 Allows an income tax deduction for contributions to medical savings accounts
Sponsor:Yeckel
LR Number:S4033.01I Fiscal Note:4033-01
Committee:Ways and Means
Last Action:03/10/98 - Hearing Conducted S Ways & Means Committee Journal page:
Title:
Effective Date:August 28, 1998
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Current Bill Summary

SB 984 - An income tax deduction is allowed for those making contributions to medical savings accounts. The act uses the provisions of the federal law allowing the same deduction, but it does not limit the number of participants and has separate limits for the deductions.
MICHAEL HOEFERKAMP