Bill

Bill > H4227


MA H4227

To preserve special needs trusts for disabled seniors


summary

Introduced
11/22/2019
In Committee
11/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

To preserve special needs trusts for disabled seniors

AI Summary

This bill aims to preserve special needs trusts for disabled seniors. The key provision of the bill amends the state's General Laws to consider a transfer by an individual aged 65 and over into a trust that meets the federal requirements for a special needs trust as a disposal of resources for fair market value. This means that such transfers would not be counted against the individual's Medicaid eligibility, allowing them to maintain their special needs trust while still receiving necessary Medicaid benefits.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Joint Committee on Health Care Financing (J)

Last Action

Read; and referred to the committee on House Ways and Means (on 11/22/2019)

bill text


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