HB 671 (see companion bill SB 507) – Maryland

Status: Enacted
Year Introduced: 2020
Year Enacted: 2020
Link: http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0671?ys=2020RS

Health Savings Accounts – Establishment and Application of Trust Law. 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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