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Bill > S84


MA S84

Preventing funds deposited in children's savings accounts from counting against cash assistance benefits


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to prevent funds deposited in children's savings accounts from counting against cash assistance benefits. Children, Families and Persons with Disabilities.

AI Summary

This bill aims to prevent funds deposited in children's savings accounts, such as those intended for higher education or other long-term asset-building purposes, from being counted as assets against the recipient's cash assistance benefits under the Transitional Aid to Families with Dependent Children (TAFDC) program. The bill requires the Department of Transitional Assistance to allow these funds to accumulate without being included as countable assets, enabling recipients to save for their children's education or other approved expenses without jeopardizing their eligibility for cash assistance.

Committee Categories

Health and Social Services

Sponsors (5)

Last Action

Accompanied a study order, see S2624 (on 01/26/2022)

bill text


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