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Committee rejects bill to allow HSA payments for medical marijuana
Summary
The House Insurance & Commerce Committee heard testimony on House Bill 1408, which would have clarified that health savings accounts may be used to purchase medical marijuana; the committee rejected the measure in a voice vote.
Representative Aaron Poughton, District 45, told the House Insurance & Commerce Committee that House Bill 1408 ‘‘just clarifies that you can use a health savings account to buy medical marijuana’’ and described the measure as ‘‘a very simple bill with no opposition.’’
The bill’s sponsor said the change was intended to add clarity to existing HSA rules and encourage people to save for health expenses. ‘‘I think HSAs…
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