Utah Code 31A-32a-106. Regulation of account administrators — Administration of addition to adjusted gross income and tax credit — Rulemaking authority

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(1)	The department shall regulate account administrators and may adopt rules necessary to administer this chapter.

Terms Used In Utah Code 31A-32a-106

account: means a trust account established at a depository institution in this state pursuant to a medical care savings account program to pay the eligible medical expenses of:

(a)	an employee or account holder; and

(b)	the dependents of the employee or account holder. See Utah Code 31A-32a-102 Department: means the Insurance Department. See Utah Code 31A-1-301 State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2)	The State Tax Commission may adopt rules necessary to monitor and implement the amounts required to be added to adjusted gross income in accordance with Sections 31A-32a-105 and 59-10-114.

Amended by Chapter 263, 2016 General Session

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