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MA S629

Preserving special needs trusts for disabled seniors


summary

Introduced
01/23/2017
In Committee
05/29/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to preserve special needs trusts for disabled seniors. Health Care Financing.

AI Summary

This bill aims to preserve special needs trusts for disabled seniors. It amends the Massachusetts General Laws to specify that a transfer of resources to a special needs trust that meets the federal requirements under 42 USC §1396p(d)(4)(C) shall not be treated as a disposal of resources for less than fair market value. This change is intended to ensure that disabled individuals, including seniors, can maintain their eligibility for Medicaid and other public assistance programs by transferring resources to a special needs trust without being penalized.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (22)

Last Action

House concurred (on 05/31/2018)

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