SB 29 — Health Savings Account Tax Credit
Last action — Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely
-
1Introduced
-
2In Committee
-
3Passed Senate
-
4Passed House
-
5To Executive
-
6Enacted
This bill has been introduced in the Senate. Introduced January 14, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
-
Introduced
Current position in the legislative process.
-
1 sponsor
1 primary, 0 co-sponsors signed on.
-
Single-party support
Sponsorship is currently within one party (1 R).
-
Mixed recorded votes
1 passed, 1 failed in recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
The bill creates an income tax credit for a resident individual's contributions to a health savings account that supports a high deductible health plan, as defined pursuant to federal law (credit). The credit is an amount equal to 25% of the amount of the contribution, limited to:$500 for a single filer;$1,000 for joint filers; and$1,500 for contributions to a family health plan.The credit is available beginning January 1, 2027, through December 31, 2032.If the credit exceeds the income taxes due on the resident individual's income, the amount of the credit not used to offset income taxes is not carried forward as tax credits against the resident individual's subsequent years' income tax liability and is not refunded to the individual.(Note: This summary applies to this bill as introduced.)
Bill Text
- Introduced View text Current pdf January 14, 2026
Action History
-
Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely
-
Introduced In Senate - Assigned to State, Veterans, & Military Affairs
Sponsors
- John Carson · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 100 not signed on · 5 voted No
Sponsors (1)
- John Carson Republican
Co-sponsors (0)
None.
Not signed on (100)
100 members have not signed on to this bill.
Show all 100 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 0 | 3 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 2 | 3 | 0 | 0 |
| % of votes cast | 40% | 60% | 0% | 0% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Katie Wallace | Democrat | Nay |
| Tom Sullivan | Democrat | Nay |
| William Lindstedt | Democrat | Nay |
| Lynda Zamora Wilson | Republican | Yea |
| Rod Pelton | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 3 | 0 | 0 | 0 |
| Republican | 0 | 2 | 0 | 0 |
| Total | 3 | 2 | 0 | 0 |
| % of votes cast | 60% | 40% | 0% | 0% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Katie Wallace | Democrat | Yea |
| Tom Sullivan | Democrat | Yea |
| William Lindstedt | Democrat | Yea |
| Lynda Zamora Wilson | Republican | Nay |
| Rod Pelton | Republican | Nay |
Subjects
Frequently asked questions
- What does SB 29 do?
- The bill creates an income tax credit for a resident individual's contributions to a health savings account that supports a high deductible health plan, as defined pursuant to federal law (credit). The credit is an amount equal to 25% of the amount of the contribution, limited to:$500 for a single filer;$1,000 for joint filers; and$1,500 for contributions to a family health plan.The credit is available beginning January 1, 2027, through December 31, 2032.If the credit exceeds the income taxes due on the resident individual's income, the amount of the credit not used to offset income taxes is not carried forward as tax credits against the resident individual's subsequent years' income tax liability and is not refunded to the individual.(Note: This summary applies to this bill as introduced.)
- Who sponsors SB 29?
- SB 29 is sponsored by John Carson (Republican).
- What is the current status of SB 29?
- This bill has been introduced in the Senate. Introduced January 14, 2026. It must pass committee before a floor vote.
- Where can I track SB 29?
- Track SB 29 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on SB 29
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of SB 29
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →