Bill
Bill > H169
MA H169
MA H169Preventing funds deposited in children’s savings accounts from counting against cash assistance benefits
summary
Introduced
01/22/2019
01/22/2019
In Committee
11/26/2019
11/26/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to preventing funds deposited in children’s savings accounts from counting against cash assistance benefits. Children, Families and Persons with Disabilities.
AI Summary
This bill would prevent funds deposited in children's savings accounts (CSAs) from being counted as assets when determining eligibility for cash assistance benefits, such as Transitional Aid to Families with Dependent Children (TANF). The bill would allow recipients of cash assistance to accumulate assets in CSAs or other long-term asset-building accounts for their children without those funds being included as countable assets, which could help recipients save for their children's higher education or other expenses that the Department of Transitional Assistance deems beneficial.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (5)
Last Action
Bill reported favorably by committee as changed and referred to the committee on House Ways and Means (on 11/26/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H169 |
| Bill | https://malegislature.gov/Bills/191/H169.pdf |
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