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SENATE DOCKET, NO. 1175 FILED ON: 1/20/2011 SENATE . . . . . . . . . . . . . . No. 499
The Commonwealth of Massachusetts _________________ PRESENTED BY: James B. Eldridge _______________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying: An Act regarding the countable assets of medical assistance recipients. _______________ PETITION OF:
SENATE DOCKET, NO. 1175 FILED ON: 1/20/2011 SENATE . . . . . . . . . . . . . . No. 499
[SIMILAR MATTER FILED IN PREVIOUS SESSION
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;" |
