SB 148 - Dempsey, Tom
Provides a tax deduction for the premiums paid by a taxpayer for high deductible health plans used with a health savings account
Bill Details
Sponsor
LR Number
0805S.01I
Title
SB 148
House Handler
N/A
Journal Page
Effective Date
August 28, 2009
Current Status
Second Read and Referred S Governmental Accountability and Fiscal Oversight Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 148 - This act provides an income tax deduction in the amount equal to 100% of the premium paid by the taxpayer during the taxable year for high deductible health plans established and used with a health savings account under the applicable provisions of the Internal Revenue Code to the extent the amount is not deducted on the taxpayer's federal income tax return for that taxable year.
This act is substantially similar to a provision in SS/SCS/SB 1283 (2008).
ADRIANE CROUSE