Maryland Senate Bill 507 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 8 2020 - 100% progression
Action: 2020-05-08 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 617
Text: Latest bill text (Engrossed) [PDF]

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.

Health Savings Accounts – Establishment and Application of Trust Law

Sen. Chris West [R]

2020-03-16 - House - Third Reading Passed (Y: 132 N: 0 NV: 0 Abs: 9) [PASS]
2020-02-26 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2020-05-08	Senate	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 617
2020-03-18	Senate	Returned Passed
2020-03-16	House	Third Reading Passed (132-0)
2020-03-14	House	Favorable Adopted Second Reading Passed
2020-03-14	House	Favorable Report by Judiciary
2020-03-14	House	Hearing canceled
2020-03-12	House	Hearing 3/18 at 1:00 p.m.
2020-02-27	House	Referred Judiciary
2020-02-26	Senate	Third Reading Passed (46-0)
2020-02-24	Senate	Second Reading Passed with Amendments
2020-02-24	Senate	Favorable with Amendments {417670/1 Adopted
2020-02-21	Senate	Favorable with Amendments Report by Finance
2020-01-31	Senate	Hearing 2/19 at 1:00 p.m.
2020-01-29	Senate	First Reading Finance

HB671 (Crossfiled) 2020-05-08 - Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 616

Chapter	Article	Section	Citation Type	Statute Text
Estates and Trusts	14	501	(n/a)	See Bill Text
Insurance	15	144	(n/a)	See Bill Text

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0507?ys=2020RS
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb0507f.pdf
Text	https://mgaleg.maryland.gov/2020RS/bills/sb/sb0507t.pdf
Amendment	https://mgaleg.maryland.gov/2020RS/amds/bil_0007/sb0507_41767001.pdf
Supplement	https://mgaleg.maryland.gov/2020RS/votes_comm/sb0507_fin.pdf
Supplement	https://mgaleg.maryland.gov/2020RS/votes_comm/sb0507_jud.pdf
Roll Call	https://mgaleg.maryland.gov/2020RS/votes/Senate/0382.pdf
Roll Call	https://mgaleg.maryland.gov/2020RS/votes/House/0888.pdf