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MA S688

Preserving special needs trusts for disabled seniors


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to preserve special needs trusts for disabled seniors. Health Care Financing.

AI Summary

This bill aims to preserve special needs trusts for disabled seniors. It amends Section 28 of Chapter 118E of the General Laws to specify that a transfer of resources to a special needs trust that conforms to 42 USC §1396p(d)(4)(C) and is established solely for the benefit of a disabled individual of any age shall not be treated as a disposal of resources for less than fair market value. This provision ensures that disabled individuals can maintain their eligibility for Medicaid and other government assistance programs by transferring resources to a special needs trust without being penalized.

Committee Categories

Health and Social Services

Sponsors (18)

Last Action

Accompanied a new draft, see S2430 (on 12/02/2019)

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