Proyectos de ley › 88.ª Asamblea General
Relating to transfer between trusts for persons with disabilities
Temas:Health careMedicaid
Dónde está ahora
- Hecho: Presentado22 de enero de 2020
- Hecho: Subcomité11 de febrero de 2020
- Hecho: Comité de la Cámara20 de febrero de 2020
- Hecho: Lo aprueba la Cámara4 de marzo de 2020
- Hecho: Comité del Senado4 de junio de 2020
- Se detuvo: Lo aprueba el SenadoMurió al terminar la Asamblea General
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2020 terminó el 14 de junio de 2020, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
La explicación oficial está en inglés; todavía no hay resumen en palabras sencillas.
This bill relates to trusts for persons with disabilities. The bill provides that any funds retained in a medical assistance special needs trust or in a supplemental needs trust of a beneficiary with a disability who is also a designated beneficiary of an Iowa ABLE saving plan trust account may be transferred to the Iowa ABLE savings plan trust account of the designated beneficiary in accordance with the provisions of the Code chapters applicable to the specific trusts. The disabilities expenses savings plan trust is also known as the Iowa ABLE savings plan trust which was established as a qualified ABLE program under section 529A of the Internal Revenue Code.
Lea la explicación completa
The purpose of ABLE savings accounts is to encourage and assist individuals and families in saving private funds for the purpose of supporting individuals with disabilities to maintain health, independence, and quality of life and to provide secure funding for disability-related expenses on behalf of designated beneficiaries with disabilities that will supplement, but not supplant, benefits provided through private insurance, the Medicaid program, the federal supplemental security income program, and other sources. ABLE savings accounts allow eligible individuals the opportunity to save and fund a variety of qualified disability expenses without endangering eligibility for certain benefits such as Medicaid and supplemental security income.
House subcommittee
Named February 11, 2020. On February 17, 2020 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Nota fiscal
The fiscal impact of this Bill cannot be determined. 2 million could be transferred, in addition to the unknown impact from the Supplemental Needs Trusts. This could result in fewer potential Medicaid recoveries due to less rigid guidelines to withdraw funds from an ABLE account or to cancel the account and receive the balance. Special Needs Trusts have increased annually, so the impact may increase over time.
- Achieving a Better Life Experience (ABLE) Accounts · 3 de marzo de 2020
Lo que cambia del Código de Iowa (Iowa Code)
Cabildeo
6 a favor · 0 en contra · 17 indecisos · Quiénes →
Family tree
88th General Assembly
Picked up later
Earlier and later bills are matched by wording or an identical title.
Similar bills
- HF 595 Relating to the transfer between trusts for persons with disabilities89th General Assembly · Renumbered as HF 835Nearly identical
Matched by wording or an identical title.