Bill Text: NY S00716 | 2023-2024 | General Assembly | Introduced
Bill Title: Authorizes the commissioner of health to adopt policies to exclude certain non-recurring items from income that would artificially inflate the availability of funds to meet current needs relating to eligibility for the program for elderly pharmaceutical insurance coverage.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-01-03 - REFERRED TO AGING [S00716 Detail]
Download: New_York-2023-S00716-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 716 2023-2024 Regular Sessions IN SENATE January 6, 2023 ___________ Introduced by Sen. CLEARE -- read twice and ordered printed, and when printed to be committed to the Committee on Aging AN ACT to amend the elder law, in relation to policies excluding certain non-recurring items from income for purposes of the program for elder- ly pharmaceutical insurance coverage The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 3 of section 241 of the elder law is amended to 2 read as follows: 3 3. "Income" shall mean "household gross income" as defined in the real 4 property tax circuit breaker credit program, pursuant to subparagraph 5 [(C)] (c) of paragraph one of subsection (e) of section six hundred six 6 of the tax law, but only shall include the income of program applicants 7 and spouses and shall exclude the income of other members of the house- 8 hold; provided, however, that the commissioner of health may adopt poli- 9 cies to exclude from income certain non-recurring items that would act 10 to artificially inflate the availability of funds to meet current needs 11 including, but not limited to, a retiree's previous year's wages, and 12 non-recurring distributions from an individual retirement account. 13 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03685-01-3