S.349 - Special Needs Trust Fairness Act of 2015114th Congress (2015-2016)
|Sponsor:||Sen. Grassley, Chuck [R-IA] (Introduced 02/03/2015)|
|Committees:||Senate - Finance | House - Energy and Commerce|
|Committee Reports:||S. Rept. 114-99|
|Latest Action:||09/11/2015 Referred to the Subcommittee on Health. (All Actions)|
This bill has the status Passed Senate
Here are the steps for Status of Legislation:
- Passed Senate
Summary: S.349 — 114th Congress (2015-2016)All Bill Information (Except Text)
Passed Senate without amendment (09/09/2015)
(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)
Special Needs Trust Fairness Act of 2015
(Sec. 2) This bill amends title XIX (Medicaid) of the Social Security Act with respect to the treatment of revocable trusts for the benefit of an individual for purposes of meeting income requirements for Medicaid coverage.
Extends the supplemental needs trust exemption from treatment of a trust as resources available to the individual to supplemental needs trusts for Medicaid beneficiaries established by those beneficiaries.