AB 2576

  • California Assembly Bill
  • 2013-2014 Regular Session
  • Introduced in Assembly Feb 21, 2014
  • Assembly
  • Senate
  • Governor

Income tax: health savings accounts.

Abstract

The Personal Income Tax Law authorizes various deductions in computing income that is subject to tax under that law. This bill would, for taxable years beginning on or after January 1, 2014, allow a deduction in connection with health savings accounts in conformity with federal law. In general, the deduction would be an amount equal to the aggregate amount paid in cash during the taxable year by, or on behalf of, an eligible individual, as defined, to a health savings account of that individual, as provided. This bill would, for taxable years beginning on or after January 1, 2014, also provide related conformity to that federal law with respect to the allowance of rollovers from Archer Medical Savings Accounts, health flexible spending arrangements, or health reimbursement accounts to a health savings account, and penalties in connection therewith. This bill would take effect immediately as a tax levy.

Bill Sponsors (5)

Votes


Actions


Nov 30, 2014

Assembly

From committee without further action.

May 23, 2014

Assembly

In committee: Set, second hearing. Held under submission.

Assembly

Joint Rule 62(a), file notice suspended. (Page 5065.)

May 21, 2014

Assembly

In committee: Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

May 14, 2014

Assembly

From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 2.) (May 13). Re-referred to Com. on APPR.

  • Committee-Passage-Favorable
  • Referral-Committee
  • Committee-Passage
Com. on APPR.

Apr 23, 2014

Assembly

Re-referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Apr 22, 2014

Assembly

From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.

Apr 21, 2014

Assembly

In committee: Set, first hearing. Referred to REV. & TAX. suspense file.

  • Referral-Committee
REV. & TAX REV. & TAX. suspense file.

Mar 13, 2014

Assembly

Referred to Com. on REV. & TAX.

  • Referral-Committee
Com. on REV. & TAX.

Feb 24, 2014

Assembly

Read first time.

Feb 23, 2014

Assembly

From printer. May be heard in committee March 25.

Feb 21, 2014

Assembly

Introduced. To print.

Bill Text

Bill Text Versions Format
AB2576 HTML
02/21/14 - Introduced PDF
04/22/14 - Amended Assembly PDF

Related Documents

Document Format
No related documents.

Sources

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