Bill Text: MA S540 | 2009-2010 | 186th General Court | Introduced

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Bill Title: For legislation relative to the countable assets of medical assistance recipients

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 6/3 at 1:00 PM in Hearing Room B1 [S540 Detail]

Download: Massachusetts-2009-S540-Introduced.html

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The Commonwealth of Massachusetts

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PRESENTED BY:

James B. Eldridge

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
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��������������� The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act Regarding the Countable Assets of Medical Assistance Recipients.

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PETITION OF:

 

Name:	District/Address:
James B. Eldridge	Middlesex and Worcester
Ellen Story	3rd Hampshire
Jennifer M. Callahan	18th Worcester
Michael F. Rush	10th Suffolk
Anthony D. Galluccio	Middlesex, Suffolk and Essex
Thomas M. McGee	Third Essex and Middlesex
Richard J. Ross	9th Norfolk
Karen E. Spilka	Second Middlesex and Norfolk
Gale D. Candaras	First Hampden and Hampshire

 

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act Regarding the Countable Assets of Medical Assistance Recipients.

��������������� Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

����������� Section 21A of Chapter 118E of the General Laws is hereby amended by striking out subsection (2)(i) and replacing it with the following new subsection:

 

the type and amount of all countable assets; provided that any funds held by the community spouse of an institutionalized applicant or recipient in an Individual Retirement Account, Keogh plan or other pension fund shall be considered a non-countable asset as long as regular income distributions are made from the fund or the community spouse is employed;