SB 2860

RELATING TO FLEXIBLE SPENDING ACCOUNTS.

By Senator(s) MIZUGUCHI (BR)

Companion Bill: HB 2519

Subjects: Governor

Report Title: Flexible Spending Accounts

Description: Requires that all Flexible Spending Accounts ("FSAs") participant contributions, interest earned, and forfeited participant balances be held in trust outside the state treasury, specifies that the interest earned on the contributions and forfeited participant balances be used to defray the monthly participant fees and other administrative costs.

 1-25-          S Introduced and passed First Reading                      
 1-27-          S Referred to 1. LRE 2. WAM