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NY S04905
Bill
Status
3/3/2017
Primary Sponsor
Ruben Diaz
Click for details
AI Summary
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Amends the elder law definition of "income" for the program for elderly pharmaceutical insurance coverage to allow the commissioner of health to adopt policies excluding certain non-recurring items from income calculations.
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Permits exclusion of non-recurring items that would artificially inflate the availability of funds to meet current needs, including a retiree's previous year's wages and non-recurring distributions from an individual retirement account.
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Takes effect immediately upon enactment.
Legislative Description
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.
Last Action
REFERRED TO AGING
3/3/2017