summary
Introduced
11/22/2019
11/22/2019
In Committee
11/22/2019
11/22/2019
Crossed Over
Passed
Dead
12/31/2020
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)
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/H4227 |
Bill | https://malegislature.gov/Bills/191/H4227.pdf |
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