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HB887

ABLE savings trust agreement; Medicaid clawback prohibition.

Status:
Enacted

Chief Patron:
Eileen Filler-Corn (D)

Session:
2020 Regular Session

Summary

As Introduced. ABLE savings trust agreement; Medicaid clawback prohibition.

Provides that the beneficiary of an ABLE savings trust account may appoint a survivor. In the event of the beneficiary's death, the survivor becomes the new beneficiary of the account if he is eligible under federal law to be a beneficiary of an ABLE savings trust account. The bill provides that if the survivor is ineligible, then any proceeds remaining in the account are distributed to the survivor and the account is closed. Under current law, if the beneficiary of an ABLE savings trust account dies, his state of residence becomes a creditor of the account and may seek payment under federal law for Medicaid benefits provided to the beneficiary while he was alive. 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

  • 01/07/2020 - House: Prefiled and ordered printed; offered 01/08/20 20102066D
  • 01/07/2020 - House: Referred to Committee on Health, Welfare and Institutions
  • 01/14/2020 - House: Impact statement from DPB (HB887)
  • 01/17/2020 - House: Assigned HWI sub: Behavioral Health
  • 01/27/2020 - House: Subcommittee recommends reporting (5-Y 0-N)
  • 01/30/2020 - House: Reported from Health, Welfare and Institutions (22-Y 0-N)
  • 02/03/2020 - House: Read first time
  • 02/04/2020 - House: Passed by temporarily
  • 02/04/2020 - House: Read second time and engrossed
  • 02/05/2020 - House: Read third time and passed House (97-Y 1-N)
  • 02/05/2020 - House: VOTE: Passage (97-Y 1-N)
  • 02/06/2020 - Senate: Constitutional reading dispensed
  • 02/06/2020 - Senate: Referred to Committee on Education and Health
  • 02/20/2020 - Senate: Reported from Education and Health (12-Y 0-N)
  • 02/20/2020 - Senate: Rereferred to Finance and Appropriations
  • 03/02/2020 - Senate: Reported from Finance and Appropriations (15-Y 0-N)
  • 03/04/2020 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 03/05/2020 - Senate: Read third time
  • 03/05/2020 - Senate: Passed Senate (40-Y 0-N)
  • 03/12/2020 - House: Enrolled
  • 03/12/2020 - House: Bill text as passed House and Senate (HB887ER)
  • 03/12/2020 - House: Impact statement from DPB (HB887ER)
  • 03/12/2020 - House: Signed by Speaker
  • 03/12/2020 - Senate: Signed by President
  • 03/17/2020 - House: Enrolled Bill communicated to Governor on March 17, 2020
  • 03/17/2020 - Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
  • 04/09/2020 - Governor: Approved by Governor-Chapter 923 (effective 7/1/20)
  • 04/09/2020 - Governor: Acts of Assembly Chapter text (CHAP0923)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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