Sec. 5-264d. Flexible health care spending account program.
Sec. 5-264d. Flexible health care spending account program. The Comptroller
shall maintain a flexible health care spending account program for state employees in
accordance with Sections 105 and 125 of the Internal Revenue Code of 1986, or any
subsequent corresponding internal revenue code of the United States, as from time to
time amended, and regulations adopted pursuant to Sections 105 and 125 of said Internal
Revenue Code. Under the program, the Comptroller or the program administrator, upon
receipt of the written request of an employee, shall establish and maintain a flexible
health care spending account for such employee. The Comptroller shall reduce the salary
of such employee by the amount designated in such request. Such amount shall be
transferred to the employee's flexible health care spending account and shall be used
to reimburse the employee for expenses incurred for medical care which are eligible for
reimbursement under Section 213 of said Internal Revenue Code. The Comptroller may
contract with a program administrator for the management of the program. For the
purposes of this section, "state employees" includes members of the General Assembly.
(P.A. 04-98, S. 1.)
History: P.A. 04-98 effective July 1, 2004.