Bill

Bill > H0523


ID H0523

ID H0523
Amends existing law to include health care sharing ministries as an eligible medical expense.


summary

Introduced
02/08/2024
In Committee
02/29/2024
Crossed Over
02/28/2024
Passed
Dead
04/12/2024

Introduced Session

2024 Regular Session

Bill Summary

RELATING TO MEDICAL SAVINGS ACCOUNTS; AMENDING SECTION 63-3022K, IDAHO CODE, TO REVISE A DEFINITION AND TO MAKE TECHNICAL CORRECTIONS; AND PRO- VIDING AN EFFECTIVE DATE.

AI Summary

This bill amends existing Idaho law to include health care sharing ministries as an eligible medical expense that can be deducted from taxable income when contributing to a medical savings account. The bill also makes technical corrections to the definition of "eligible medical expense" and other terminology used in the existing law regarding medical savings accounts.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Health and Welfare Committee (House)

Last Action

Introduced, read first time; referred to: Commerce & Human Resources (on 02/29/2024)

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