Bill
Bill > S84
MA S84
Preventing funds deposited in children's savings accounts from counting against cash assistance benefits
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
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)
Sonia Chang-Díaz (D)*,
Sal DiDomenico (D),
Jamie Eldridge (D),
Elizabeth Malia (D),
Patrick O'Connor (R),
Last Action
Accompanied a study order, see S2624 (on 01/26/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/192/S84 |
Bill | https://malegislature.gov/Bills/192/S84.pdf |
Loading...