Bills · 2009-2010 Regular Session
creating a nonrefundable individual income tax credit for certain amounts relating to health savings accounts that may be deducted from, or are exempt from, federal income taxes.
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current federal law, certain individuals may make tax-deductible
contributions to health savings accounts (HSAs) and withdraw the money tax-free
when needed to cover routine and preventive medical care.
Under this bill, an individual who makes contributions to such an HSA may
claim a nonrefundable income tax credit for 6.5 percent of the allowable amount that
the individual claims as a federal tax deduction for a contribution to an HSA or 6.5
percent of the federal tax-exempt earnings relating to an HSA, or both.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Introduced by: A. Lasee (R) , Darling (R) , Grothman (R) , Hopper (R) , Kedzie (R) , Lazich (R) , Olsen (R) , S. Fitzgerald (R) , Schultz (R)
38 cosponsors
A. Ott (R) , Ballweg (R) , Bies (R) , Brooks (R) , Davis (R) , Fields (D) , Friske (R) , Gottlieb (R) , Gunderson (R) , Honadel (R) , Huebsch (R) , J. Fitzgerald (R) , J. Ott (R) , Kaufert (R) , Kerkman (R) , Kestell (R) , Knodl (R) , LeMahieu (R) , Lothian (R) , Meyer (R) , Montgomery (R) , Mursau (R) , Murtha (R) , Nerison (R) , Newcomer (R) , Nygren (R) , Petersen (R) , Petrowski (R) , Ripp (R) , Roth (R) , Spanbauer (R) , Stone (R) , Strachota (R) , Tauchen (R) , Townsend (R) , Van Roy (R) , Vos (R) , Ziegelbauer (I)
Full history
- Feb 5, 2009 · Senate
Introduced by Senators Darling, S. Fitzgerald, Olsen, Lazich, Kedzie, A. Lasee, Grothman, Hopper and Schultz;Cosponsored by Representatives Kaufert, J. Fitzgerald, Murtha, Nygren, Ziegelbauer, Tauchen, Kerkman, Montgomery, Huebsch, Van Roy, Petersen, Newcomer, Ballweg, Meyer, LeMahieu, Kestell, Roth, Nerison, Davis, Ripp, Spanbauer, Honadel, Fields, A. Ott, Knodl, Petrowski, Lothian, Strachota, Gottlieb, Townsend, Mursau, Stone, Gunderson, J. Ott, Brooks, Friske, Vos and Bies
- Feb 5, 2009 · Senate
Read first time and referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue
- Mar 11, 2009 · Senate
Fiscal estimate received
- Apr 28, 2010 · Senate
Failed to pass pursuant to Senate Joint Resolution 1