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HB457

ABLE savings trust agreements; elimination of Medicaid clawback.

Status:
Killed

Chief Patron:
Eileen Filler-Corn (D)

Session:
2018 Regular Session

Summary

As Introduced. ABLE savings trust agreements; elimination of Medicaid clawback.

Provides that the beneficiary of an ABLE savings trust account may appoint a survivor. In the event of the beneficiary's death, if the survivor is eligible under federal law as a beneficiary of an ABLE savings trust account, then he would become the new beneficiary of the account. If the survivor is not eligible, then any proceeds remaining in the account would be distributed to the survivor and the account would be closed. The bill prohibits the Commonwealth from seeking estate recovery or payment from the proceeds of the deceased beneficiary's account for benefits provided to him. (Less)

  • Bill History

  • 01/07/2018 - House: Prefiled and ordered printed; offered 01/10/18 18101397D
  • 01/07/2018 - House: Referred to Committee on Education
  • 01/19/2018 - House: Assigned Education sub: Subcommittee #3
  • 01/25/2018 - House: Impact statement from DPB (HB457)
  • 01/29/2018 - House: Subcommittee recommends reporting with amendment (7-Y 0-N)
  • 01/29/2018 - House: Subcommittee recommends referring to Committee on Appropriations
  • 01/31/2018 - House: Reported from Education with amendment (20-Y 2-N)
  • 01/31/2018 - House: Referred to Committee on Appropriations
  • 02/02/2018 - House: Assigned App. sub: Health & Human Resources
  • 02/06/2018 - House: Subcommittee recommends laying on the table (8-Y 0-N)
  • 02/13/2018 - House: Left in Appropriations

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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