Bill Text: MI HB4544 | 2015-2016 | 98th Legislature | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Human services; services or financial assistance; financial eligibility for certain assistance programs; prohibit state from considering amount in ABLE savings accounts. Amends 1939 PA 280 (MCL 400.1 - 400.119b) by adding sec. 10g. TIE BAR WITH: HB 4542'15, HB 4543'15, SB 0360'15

Spectrum: Bipartisan Bill

Status: (Passed) 2015-10-28 - Assigned Pa 162'15 With Immediate Effect [HB4544 Detail]

Download: Michigan-2015-HB4544-Engrossed.html

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HB-4544, As Passed House, May 27, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

HOUSE BILL No. 4544

 

May 5, 2015, Introduced by Reps. Jenkins, Forlini, Irwin, Victory, Poleski, Lucido, Howrylak, Derek Miller, Liberati, Lane, LaVoy, Geiss, Hooker and Courser and referred to the Committee on Financial Services.

 

     A bill to amend 1939 PA 280, entitled

 

"The social welfare act,"

 

(MCL 400.1 to 400.119b) by adding section 10g.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 10g. (1) For any assistance program for which financial

 

eligibility is determined under this act, the department shall

 

disregard in its financial eligibility determination money

 

associated with a designated beneficiary's ABLE savings account,

 

including, but not limited to, all of the following:

 

     (a) Money in a designated beneficiary's ABLE savings account.

 

     (b) Earnings on money in a designated beneficiary's ABLE

 

savings account.

 

     (c) Contributions to a designated beneficiary's own ABLE

 

savings account.

 

     (d) Distributions from an ABLE savings account for the

 

designated beneficiary's qualified disability expenses.

 

     (2) As used in this section, "ABLE savings account",

 

"designated beneficiary", and "qualified disability expenses" mean

 

those terms as defined in section 2 of the Michigan achieving a

 

better life experience (ABLE) program act.

 

     Enacting section 1. This amendatory act takes effect 90 days

 

after the date it is enacted into law.

 

     Enacting section 2. This amendatory act does not take effect

 

unless all of the following bills of the 98th Legislature are

 

enacted into law:

 

     (a) Senate Bill No.____ or House Bill No. 4542 (request no.

 

01151'15 **).

 

     (b) Senate Bill No.____ or House Bill No. 4543 (request no.

 

01151'15 a **).

 

     (c) Senate Bill No.____ or House Bill No. 4541 (request no.

 

01151'15 c *).