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
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act regarding the countable assets of medical assistance recipients.

_______________

PETITION OF:

 

Name:

District/Address:

James B. Eldridge

 

Susan C. Fargo

 

Gale D. Candaras

 

Thomas P. Kennedy

 

Joyce A. Spiliotis

12th Essex


SENATE DOCKET, NO. 1175        FILED ON: 1/20/2011

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 499

By Mr. Eldridge,  a petition (accompanied by bill, Senate, No. 499) of James B. Eldridge, Susan C. Fargo, Gale D. Candaras, Thomas P. Kennedy and others for legislation relative to the countable assets of medical assistance recipients.  Health Care Financing.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 540 OF 2009-2010.]

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Eleven

_______________

 

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;"