Bill Text: NJ S1034 | 2012-2013 | Regular Session | Introduced


Bill Title: Concerns special needs trusts for persons with developmental disabilities.*

Spectrum: Bipartisan Bill

Status: (Engrossed - Dead) 2013-02-07 - Received in the Assembly, Referred to Assembly Human Services Committee [S1034 Detail]

Download: New_Jersey-2012-S1034-Introduced.html

SENATE, No. 1034

STATE OF NEW JERSEY

215th LEGISLATURE

 

INTRODUCED JANUARY 23, 2012

 


 

Sponsored by:

Senator  DIANE B. ALLEN

District 7 (Burlington)

 

 

 

 

SYNOPSIS

     Requires Division of Developmental Disabilities to study need for placement trusts for persons with developmental disabilities.

 

CURRENT VERSION OF TEXT

     As introduced.

  


An Act concerning placement 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 undertake a study of the need for establishing a mechanism to enable persons to create placement trusts for the benefit of designated individuals with developmental disabilities, including whether it is feasible to enable pre-tax dollars to be used for such trusts.

     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 review their recommendations about the need for such trusts.

     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 one year after the date of enactment.

 

 

STATEMENT

 

     This bill requires the Division of Developmental Disabilities in the Department of Human Services to undertake a study of the need for establishing a mechanism to enable persons to create placement trusts for the benefit of designated individuals with developmental disabilities, including whether it is feasible to enable pre-tax dollars to be used for such trusts.

     The division is 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 review their recommendations about the need for such trusts.

     The bill requires the division to report its findings and recommendations to the Governor and to the Legislature within nine months after the effective date of the bill.

     The bill would take effect immediately, and expire one year after the date of enactment.

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