summary
Introduced
05/17/2022
05/17/2022
In Committee
07/28/2022
07/28/2022
Crossed Over
07/26/2022
07/26/2022
Passed
07/31/2022
07/31/2022
Dead
Vetoed
08/10/2022
08/10/2022
Introduced Session
192nd 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. It proposes amending Massachusetts law to consider a transfer of assets by an individual aged 65 or older into a trust established for their sole benefit under 42 U.S.C. 1396p(d)(4)(C) as a disposal of resources for fair market value, as long as the trust resources are used to provide goods or services to the individual at fair market value. This change would help ensure that these special needs trusts can continue to benefit disabled seniors without affecting their eligibility for public assistance programs.
Committee Categories
Budget and Finance
Sponsors (31)
John Barrett (D),
Mike Connolly (D),
Edward Coppinger (D),
Mark Cusack (D),
Josh Cutler (D),
Angelo D'Emilia (R),
Michael Day (D),
David DeCoste (R),
Paul Donato (D),
Pat Duffy (D),
Carolyn Dykema (D),
Tricia Farley-Bouvier (D),
Sean Garballey (D),
Danielle Gregoire (D),
Rich Haggerty (D),
Natalie Higgins (D),
Kate Hogan (D),
Kevin Honan (D),
Pat Jehlen (D),
Brad Jones (R),
Kay Khan (D),
John Lawn (D),
David Linsky (D),
Elizabeth Malia (D),
Paul Mark (D),
Matt Muratore (R),
Brian Murray (D),
Jim O'Day (D),
Angelo Puppolo (D),
Jeff Roy (D),
Lindsay Sabadosa (D),
Other Sponsors (1)
House Committee on Ways and Means (H)
Last Action
No further action taken (on 01/03/2023)
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/192/H4792 |
| Bill | https://malegislature.gov/Bills/192/H4792.pdf |
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