SENATE DOCKET, NO. 1076 FILED ON: 1/17/2013
SENATE . . . . . . . . . . . . . . No. 516
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The Commonwealth of Massachusetts
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PRESENTED BY:
James B. Eldridge
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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.
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PETITION OF:
Name: | District/Address: |
James B. Eldridge | Middlesex and Worcester |
William N. Brownsberger | Second Suffolk and Middlesex |
Kay Khan | 11th Middlesex |
James M. Murphy | 4th Norfolk |
SENATE DOCKET, NO. 1076 FILED ON: 1/17/2013
SENATE . . . . . . . . . . . . . . No. 516
By Mr. Eldridge, a petition (accompanied by bill, Senate, No. 516) of James B. Eldridge, William N. Brownsberger, Kay Khan and James M. Murphy for legislation relative to the countable assets of medical assistance recipients. Health Care Financing. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 499 OF 2011-2012.]
The Commonwealth of Massachusetts
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In the Year Two Thousand Thirteen
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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 1. Section 21A of chapter 118E of the General Laws, as so appearing in the 2010 Official Edition, is hereby amended by striking out subsection (2)(i) and inserting in place thereof the following subsection:-
(2)(i) 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;