Senate Bill S5457

2009-2010 Legislative Session

Authorizes the panel to adopt policies to exclude certain non-recurring items from income for the program for elderly pharmaceutical insurance coverage

download bill text pdf

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Archive: Last Bill Status - In Senate Committee Finance Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-S5457 (ACTIVE) - Details

See Assembly Version of this Bill:
A8044
Current Committee:
Senate Finance
Law Section:
Elder Law
Laws Affected:
Amd ยง241, Eld L
Versions Introduced in Other Legislative Sessions:
2011-2012: S122, A243
2013-2014: S345, A349
2015-2016: S146, A1190
2017-2018: S4905, A3704
2019-2020: A3380
2021-2022: A1459
2023-2024: A8411

2009-S5457 (ACTIVE) - Summary

Authorizes the panel to adopt policies to exclude certain non-recurring items from income that would artificially inflate the availability of funds to meet current needs relating to eligibility for the program for elderly pharmaceutical insurance coverage.

2009-S5457 (ACTIVE) - Sponsor Memo

2009-S5457 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5457

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                               May 7, 2009
                               ___________

Introduced  by  Sen.  DIAZ  --  read twice and ordered printed, and when
  printed to be committed to the Committee on Aging

AN ACT to amend the elder law, in relation to policies excluding certain
  non-recurring items from income for purposes of the program for elder-
  ly pharmaceutical insurance coverage

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 3 of section 241 of the elder law is amended to
read as follows:
  3. "Income" shall mean "household gross income" as defined in the real
property  tax  circuit  breaker credit program, pursuant to subparagraph
(C) of paragraph one of subsection (e) of section six hundred six of the
tax law, but only shall include the income  of  program  applicants  and
spouses  and shall exclude the income of other members of the household;
PROVIDED, HOWEVER, THAT THE PANEL MAY ADOPT  POLICIES  TO  EXCLUDE  FROM
INCOME  CERTAIN  NON-RECURRING  ITEMS  THAT  WOULD  ACT  TO ARTIFICIALLY
INFLATE THE AVAILABILITY OF FUNDS TO MEET CURRENT NEEDS  INCLUDING,  BUT
NOT  LIMITED  TO,  A  RETIREE'S PREVIOUS YEAR'S WAGES, AND NON-RECURRING
DISTRIBUTIONS FROM AN INDIVIDUAL RETIREMENT ACCOUNT.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11612-01-9

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