Bill Text: MI SB0359 | 2015-2016 | 98th Legislature | Introduced
Bill Title: Human services; medical services; eligibility for Medicaid; 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: SB 0360'15, SB 0361'15, SB 0362'15
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Introduced - Dead) 2015-06-04 - Reassigned To Committee On Finance [SB0359 Detail]
Download: Michigan-2015-SB0359-Introduced.html
SENATE BILL No. 359
June 3, 2015, Introduced by Senators WARREN, BRANDENBURG, ROCCA and STAMAS and referred to the Committee on Health Policy.
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. 361.
(b) Senate Bill No. 362.
(c) Senate Bill No. 360.