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MN HF3635

Bill

Official Source

Status

Introduced

3/29/2016

Primary Sponsor

Peggy Bennett

Click for details

Origin

House of Representatives

89th Legislature 2015-2016

AI Summary

  • Amends Minnesota Statutes section 550.37 to add health savings accounts as exempt property from creditor attachment
  • Exemption applies to trust assets in health savings accounts as defined under United States Code, title 26, section 223, paragraph (d)
  • Effective date is August 1, 2016 for cases served on or after that date
  • Bill was authored by Bennett, Hoppe, Atkins, and Mack and referred to the Committee on Civil Law and Data Practices

Legislative Description

Health savings accounts exempted from attachment by creditors.

Last Action

Introduction and first reading, referred to Civil Law and Data Practices

3/29/2016

Committee Referrals

Civil Law and Data Practices Policy3/29/2016

Full Bill Text

No bill text available