SB 253 – Montana
Status: EnactedYear Introduced: 2021
Link: http://laws.leg.mt.gov/legprd/LAW0210W$BSIV.ActionQuery?P_BILL_NO1=253&P_BLTP_BILL_TYP_CD=SB&Z_ACTION=Find&P_SESS=20211
Revise state income tax medical care savings account investment options. An act generally revising medical care savings account laws; allowing investment of medical care savings account funds in stocks, bonds, and mutual funds; providing that investment options that qualify under a federal health savings account are permissible; providing a transition clause to allow a tax-free rollover from an existing medical care savings account; amending section 15-61-204, MCA; and providing an immediate effective date and a retroactive applicability date.
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