Bill Summary for H 569 (2017-2018)
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Summary date:
Apr 20 2017
S.L. 2018-64
Bill Information:
View NCGA Bill Details | 2017-2018 Session |
AN ACT TO ALLOW PRODUCTS SELECTED BY THE EMPLOYEE INSURANCE COMMITTEES TO BE OFFERED ON A PRETAX BASIS.Intro. by Dollar, Malone, Destin Hall, Corbin.
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Bill summary
House committee substitute makes the following changes to the 1st edition.
Adds that the products selected by the Employee Insurance Committee that can be offered on a pretax basis pursuant to GS 58-31-60(c), as amended, are limited to products that qualify as a cafeteria plan under section 125 of the Internal Revenue Code.