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Bills · 2019-2020 Regular Session

SB 488

Died at session end Official bill text Atom feed

Relating to: exempting health savings accounts and medical savings accounts from execution of judgment.

Insurance — Health Judgment

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill exempts health savings accounts and medical savings accounts from

execution of judgment. Under current law, certain property items are, with some

exceptions, exempt from execution. Current law defines the term “exempt” to mean

that property identified in the statutes as “exempt” is free from any lien obtained by

judicial proceedings and not liable to seizure or sale on execution or on any

provisional or final process issued from any court, or any proceedings in aid of court

process. This bill adds health savings accounts and medical savings accounts to the

list of property exempt from execution.

Sponsors

Introduced by: Bernier (R) , Kapenga (R) , Kooyenga (R) , Marklein (R) , Petrowski (R) , Wanggaard (R)

15 cosponsors

Allen (R) , Brandtjen (R) , Dittrich (R) , Edming (R) , Felzkowski (R) , Gundrum (R) , Krug (R) , Kulp (R) , Macco (R) , Magnafici (R) , Ott (R) , Plumer (R) , Skowronski (R) , Steffen (R) , Tusler (R)

Full history

  1. Oct 10, 2019 · Senate

    Introduced by Senators Kooyenga, Marklein, Bernier, Kapenga, Petrowski and Wanggaard; cosponsored by Representatives Kulp, Tusler, Macco, Steffen, Skowronski, Plumer, Ott, Magnafici, Krug, Gundrum, Felzkowski, Edming, Dittrich, Brandtjen and Allen

  2. Oct 10, 2019 · Senate

    Read first time and referred to Committee on Insurance, Financial Services, Government Oversight and Courts

  3. Apr 1, 2020 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1