Bill
Bill > H7246
RI H7246
RI H7246Disregards the limitations on trusts if the person has purchased long-term-care-insurance with a coverage payout amount equal to the average cost of long-term care in the State of Rhode Island.
summary
Introduced
01/21/2026
01/21/2026
In Committee
01/21/2026
01/21/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
This act would disregard the limitations on trusts if the person has purchased long-term- care insurance with a coverage payout amount equal to the average cost of long-term care in the State of Rhode Island. This act would take effect upon passage.
AI Summary
This bill proposes to disregard certain limitations on trusts if an individual has purchased long-term-care insurance that provides a payout amount equal to the average cost of long-term care in Rhode Island, meaning that the existence of a trust would not prevent someone from receiving benefits or protections related to long-term care if they have this specific type of insurance. The bill also states that it will become effective immediately upon being passed into law.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Introduced, referred to House Finance (on 01/21/2026)
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://status.rilegislature.gov/ |
| BillText | https://webserver.rilegislature.gov/BillText26/HouseText26/H7246.pdf |
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