Bill H.1094

HOUSE DOCKET, NO. 3328        FILED ON: 1/7/2009

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1094

The Commonwealth of Massachusetts

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PRESENTED BY:

Alice Hanlon Peisch

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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 passage of the accompanying bill:

An Act Regarding t he Countable Assets Of Medical Assistance Recip ients

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PETITION OF:

The Commonwealth of Massachusetts
 

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In the Year Two Thousand and Nine

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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 21A of Chapter 118E of the General Laws , as appearing in the 2006 Official Edition, is hereby amended by striking out subsection (2)(i) and replacing it with the following new subsection:

he 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 th e community spouse is employed;