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MI SB1214
Bill
AI Summary
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Disregard ABLE savings account funds in financial eligibility determinations for all assistance programs under the Social Welfare Act, including account balances, earnings, contributions, and distributions for qualified disability expenses.
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Extend the same financial eligibility disregard to family savings accounts under the family savings account program, including balances, earnings, contributions, and distributions for qualified expenses.
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Define "ABLE savings account," "designated beneficiary," and "qualified disability expenses" by reference to the Michigan Achieving a Better Life Experience (ABLE) Program Act, 2015 PA 160, MCL 206.982.
Legislative Description
Human services: services or financial assistance; inclusion of family savings account in assets; prohibit. Amends sec. 10g of 1939 PA 280 (MCL 400.10g).
Human services: medical services
Last Action
Referred To Committee On Health Policy And Human Services
11/10/2022