NY A05016

Amends Social Services Law Section 131-n to exempt funds in qualified tuition programs (Section 529 plans under the Internal Revenue Code) from being counted as resources when calculating public assistance benefits.

Adds qualified tuition program funds to the existing list of exempt resources, which already includes cash reserves, vehicle savings accounts, burial plots, and other specified assets.

Applies to all public assistance programs that use household resource calculations for benefit eligibility and amounts.

Takes effect immediately upon enactment, with the amendment expiring when Section 131-n itself expires.