A 2142 (see companion bill S 526) – New Jersey

Status: Inactive / Dead
Year Introduced: 2018
Link: https://www.njleg.state.nj.us/bills/BillView.asp?BillNumber=A2142

EXTENDS CERTAIN FEDERAL INCOME TAX ADVANTAGES OF INDIVIDUAL HEALTH SAVINGS ACCOUNTS TO INDIVIDUAL TAXPAYERS UNDER THE NEW JERSEY GROSS INCOME TAX. The bill provides a gross income tax deduction for deposits to, and an exemption for withdrawals from, health savings accounts. Individuals can use these accounts to cover out-of-pocket medical care costs under high-deductible medical care plans.

Return to Database Search

© 2018- The SLIHCQ DatabaseInitial funding for this project was provided by the Robert Wood Johnson Foundation. The views expressed here do not necessarily reflect the views of the Foundation.

Associated Litigation:

No items found