Bill Text: NJ A2970 | 2024-2025 | Regular Session | Introduced
Bill Title: Concerns special needs trusts for persons with developmental disabilities.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-01-09 - Introduced, Referred to Assembly Aging and Human Services Committee [A2970 Detail]
Download: New_Jersey-2024-A2970-Introduced.html
STATE OF NEW JERSEY
221st LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2024 SESSION
Sponsored by:
Assemblywoman TENNILLE R. MCCOY
District 14 (Mercer and Middlesex)
SYNOPSIS
Concerns special needs trusts for persons with developmental disabilities.
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel.
An Act concerning certain trusts for persons with developmental disabilities.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. The Division of Developmental Disabilities in the Department of Human Services shall study whether it is feasible to establish a State program to enable pre-tax dollars to be used for funding special needs trusts for individuals with developmental disabilities.
b. The division shall consult with representatives of at least five advocacy groups representing the interests of persons with developmental disabilities or family members of persons with developmental disabilities, and shall review their recommendations about the need for special needs trusts and the information that would be useful to provide as a resource for persons with developmental disabilities and their families, including information regarding how special needs trusts may be used to address the placement needs of persons with developmental disabilities. After such consultation, the division shall electronically post informational resources regarding the potential benefits of establishing special needs trusts to provide for long-term care needs of individuals with developmental disabilities.
c. Within nine months
after the effective date of this act, the division shall report its findings
and recommendations to the Governor and, pursuant to section 2 of P.L.1991,
c.164
(C.52:14-19.1), to the Legislature.
2. This act shall take effect immediately, and shall expire upon the issuance of the report required pursuant to subsection c. of section 1 of P.L. , c. (pending before the Legislature as this bill).
STATEMENT
The bill requires the Division of Developmental Disabilities (DDD) in the Department of Human Services to study the feasibility of establishing a State program to enable pre-tax dollars to be used for funding special needs trusts for individuals with developmental disabilities.
Under the provisions of the bill, DDD is required to consult with representatives of at least five advocacy groups representing the interests of persons with developmental disabilities or family members of persons with developmental disabilities, and is to review their recommendations about the need for special needs trusts and the information that would be useful to persons with developmental disabilities and their families, including information regarding how special needs trusts may be used to address the placement needs of persons with developmental disabilities.
DDD also would be required to: electronically post informational resources regarding the potential benefits of establishing special needs trusts to provide for long-term care needs of individuals with developmental disabilities; and report its findings and recommendations to the Governor and to the Legislature within nine months after the effective date of the bill, at which point the bill would expire.