OH HB634

Amends Ohio Revised Code section 113.53 to exempt funds in Ohio ABLE accounts from collection under the Medicaid Estate Recovery Program, unless required by federal law.

Money in an ABLE account remains exempt from attachment, execution, and garnishment as provided in section 2329.66 of the Revised Code.

Exemption is subject to limitations imposed by the federal Secretary and complies with subsection (f) of section 529A of the Internal Revenue Code.

ABLE account funds, contributions, and distributions for qualified disability expenses are disregarded when determining eligibility for state and local means-tested public assistance programs.