California AB781 would modify tax provisions for health savings accounts.

California AB781 would modify tax provisions for health savings accounts. The bill would allow a deduction in computing adjusted gross income for contributions to health savings accounts. It would also modify the tax treatment of accounts and modify the inclusion of amounts not used for qualified medical expenses. The bill would also modify the tax treatment of rollovers from Archer Medical Savings Accounts, health flexible spending arrangements, or health reimbursement accounts to a health savings account.

California AB781 would modify tax provisions for health savings accounts.

California AB781 would modify tax provisions for health savings accounts. The bill would allow a deduction in computing adjusted gross income for contributions to health savings accounts. It would also modify the tax treatment of accounts and modify the inclusion of amounts not used for qualified medical expenses. The bill would also modify the tax treatment of rollovers from Archer Medical Savings Accounts, health flexible spending arrangements, or health reimbursement accounts to a health savings account.