LRB-4165/1
MES&JK:kmg:jf
2003 - 2004 LEGISLATURE
February 5, 2004 - Introduced by Representatives Ladwig, Weber, Gottlieb,
Gielow, Honadel, Jensen, Montgomery, Vukmir, Wieckert, Albers, Bies,
Gunderson, Hahn, Hines, Hundertmark, Kaufert, Kreibich, M. Lehman,
LeMahieu, McCormick, Musser, Nischke, Pettis, Stone, Townsend, Van Roy,
M. Williams, J. Wood, Gard and Petrowski, cosponsored by Senators
Darling, Brown, Kanavas, Lazich, Reynolds, Schultz, Stepp and Welch.
Referred to Committee on Insurance.
AB815,1,3
1An Act to create subchapter XVI of chapter 71 [precedes 71.98] of the statutes;
2relating to: adopting federal law as it relates to health savings accounts for
3state income and franchise tax purposes.
Analysis by the Legislative Reference Bureau
This bill adopts, for state income and franchise tax purposes, section 1201 of
Public Law 108-173 as it relates to claiming a deduction for an amount that a person
pays into a health savings account.
This bill will be referred to the Joint Survey Committee on Tax Exemptions for
a detailed analysis, which will be printed as an appendix to this bill.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB815, s. 1
4Section
1. Subchapter XVI of chapter 71 [precedes 71.98] of the statutes is
5created to read:
AB815,2,32
subchapter xvi
3
Internal revenue code update
AB815,2,5
471.98 Internal Revenue Code update. The following federal laws, to the
5extent that they apply to the Internal Revenue Code, apply to this chapter:
AB815,2,7
6(1) Health savings accounts. For taxable years beginning after December 31,
72003, section 1201 of P.L.
108-173, relating to health savings accounts.
