2020 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Miyares
HB 1087 - Funding Deductibles Through Health Savings Accounts for High Deductible Plans

Item 477 #16h

Item 477 #16h

First Year - FY2021 Second Year - FY2022
Central Appropriations
Central Appropriations FY2021 $0 FY2022 $500,000 GF

Page 456, line 4, strike "$70,911,098" and insert "$71,411,098".

Page 463, after line 21, insert:

"U. Out of the amounts included in this item, amounts estimated at $500,000 the second year from the general fund is provided to effectuate the provisions of House Bill 1087 which requires the state to fund employers including the Commonwealth, to annually to fund the health savings account associated with high deductible health plans."


(This amendment provides funding pursuant to the passage of House Bill 1087 which requires employers to fund health savings accounts if they elect to offer high deductible health plans. The $500,000 estimate is a placeholder until a detailed estimate is finalized.)