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HB 671

EnactedEmergency billCrossfile SB 507
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Health Savings Accounts – Establishment and Application of Trust Law

Sponsor: Emily Shetty (District 18)Committee: JudiciarySubject: Estates and TrustsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 616 (as of Nov 6, 2020)

What this bill does

Official synopsis

Authorizing the establishment of a certain health savings account; providing that certain provisions of law do not apply to certain health savings accounts; providing that a health savings account is established on the first day that an individual becomes covered under a high deductible health plan; requiring a health savings account to be opened with a trustee or custodian within a certain time period; and clarifying that a health savings account is established regardless of certain circumstances.

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Testimony (5)

MGA witness list
FAV 5Favorable
PositionWitnessOrganizationTestimony
FAVCipriano, MeredithConnectYourCarePosition only
FAVFallon, BrendanConnectYourCarePosition only
FAVFesche, CamillelobbyistRWL on behalf of ConnectYourCareOral + Written (PDF)
FAVDelegate Shetty, Delegate ShettylegislatorIndividualOral + Written (PDF)
FAVJohnston, StephenIndividualPosition only

Organizations on record

Registered lobbyists who testified

FAVFesche, CamilleRWL on behalf of ConnectYourCareRegistered for: Ashley, Inc.; Baltimore Symphony Orchestra; Behavioral Framework; Berkshire Hathaway Energy GT&S, LLC; Brewers Association of Maryland; Brown Advisory