Assembly Bill A5940B

2023-2024 Legislative Session

Increases the amount of the savings exemption for eligibility for Medicaid

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Sponsored By

Current Bill Status - In Assembly 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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Actions

Bill Amendments

co-Sponsors

multi-Sponsors

2023-A5940 - Details

See Senate Version of this Bill:
S4881
Current Committee:
Assembly Health
Law Section:
Social Services Law
Laws Affected:
Amd §366, Soc Serv L

2023-A5940 - Summary

Increases the amount of the savings exemption for eligibility for Medicaid.

2023-A5940 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5940
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 24, 2023
                                ___________
 
 Introduced by M. of A. KIM -- read once and referred to the Committee on
   Health
 
 AN  ACT  to amend the social services law, in relation to increasing the
   amount of the savings exemption for eligibility for Medicaid
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subparagraph 4 of paragraph (a) of subdivision 2 of section
 366  of  the  social services law, as amended by section 43 of part C of
 chapter 58 of the laws of 2008, is amended to read as follows:
   (4) savings in amounts  equal  to  [one  hundred  fifty]  SIX  HUNDRED
 percent  of the income amount permitted under subparagraph seven of this
 paragraph, provided, however, that the amounts for one  and  two  person
 households  shall  not be less than the amounts permitted to be retained
 by households of the same size in order to qualify  for  benefits  under
 the federal supplemental security income program;
   §  2.  Subparagraph 4 of paragraph (a) of subdivision 2 of section 366
 of the social services law, as amended by section 3 of part AAA of chap-
 ter 56 of the laws of 2022, is amended to read as follows:
   (4) savings in amounts  equal  to  [one  hundred  fifty]  SIX  HUNDRED
 percent  of the income amount permitted under subparagraph seven of this
 paragraph, provided, however, that the amounts for one  and  two  person
 households  shall  not be less than the amounts permitted to be retained
 by households of the same size in order to qualify  for  benefits  under
 the federal supplemental security income program;
   §  3. This act shall take effect on the first of January next succeed-
 ing the date on which it shall have become a law; provided however, that
 if section 3 of part AAA of chapter 56 of the laws  of  2022  shall  not
 have  taken  effect  on or before such date then section two of this act
 shall take effect on the same date  and  in  the  same  manner  as  such
 section of such part of such chapter of the laws of 2022, takes effect.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09634-01-3

              

co-Sponsors

multi-Sponsors

2023-A5940A - Details

See Senate Version of this Bill:
S4881
Current Committee:
Assembly Health
Law Section:
Social Services Law
Laws Affected:
Amd §366, Soc Serv L

2023-A5940A - Summary

Increases the amount of the savings exemption for eligibility for Medicaid.

2023-A5940A - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5940--A
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 24, 2023
                                ___________
 
 Introduced  by M. of A. KIM, DICKENS, GIBBS, McDONALD -- Multi-Sponsored
   by -- M. of A.  COOK -- read once and referred  to  the  Committee  on
   Health  --  recommitted  to the Committee on Health in accordance with
   Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered
   reprinted as amended and recommitted to said committee

 AN ACT to amend the social services law, in relation to  increasing  the
   amount of the savings exemption for eligibility for Medicaid and elim-
   inating  the asset test for certain individuals; and to repeal certain
   provisions of such law relating thereto
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subparagraph 4 of paragraph (a) of subdivision 2 of section
 366  of  the  social services law, as amended by section 43 of part C of
 chapter 58 of the laws of 2008, is amended to read as follows:
   (4) savings in amounts equal to [one  hundred  fifty  percent  of  the
 income  amount  permitted  under  subparagraph  seven of this paragraph,
 provided, however, that the amounts for one and  two  person  households
 shall  not  be  less than the amounts permitted to be retained by house-
 holds of the same size in order to qualify for benefits under the feder-
 al supplemental security income program] THREE HUNDRED THOUSAND DOLLARS;
   § 1-a. Subparagraph 4 of paragraph (a) of subdivision 2 of section 366
 of the social services law, as amended by section 3 of part AAA of chap-
 ter 56 of the laws of 2022, is amended to read as follows:
   (4) savings in amounts equal to [one  hundred  fifty  percent  of  the
 income  amount  permitted  under  subparagraph  seven of this paragraph,
 provided, however, that the amounts for one and  two  person  households
 shall  not  be  less than the amounts permitted to be retained by house-
 holds of the same size in order to qualify for benefits under the feder-
 al supplemental security income program] THREE HUNDRED THOUSAND DOLLARS;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09634-03-3
 A. 5940--A                          2
 
              

co-Sponsors

multi-Sponsors

2023-A5940B (ACTIVE) - Details

See Senate Version of this Bill:
S4881
Current Committee:
Assembly Health
Law Section:
Social Services Law
Laws Affected:
Amd §366, Soc Serv L

2023-A5940B (ACTIVE) - Summary

Increases the amount of the savings exemption for eligibility for Medicaid.

2023-A5940B (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5940--B
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 24, 2023
                                ___________
 
 Introduced  by  M.  of A. KIM, DICKENS, GIBBS, McDONALD, GONZALEZ-ROJAS,
   SEAWRIGHT, DARLING, CHANDLER-WATERMAN, DAVILA -- Multi-Sponsored by --
   M. of A.  COOK -- read once and referred to the Committee on Health --
   recommitted to the Committee on Health  in  accordance  with  Assembly
   Rule  3,  sec.  2  --  committee  discharged,  bill  amended,  ordered
   reprinted as amended  and  recommitted  to  said  committee  --  again
   reported  from  said  committee  with amendments, ordered reprinted as
   amended and recommitted to said committee
 
 AN ACT to amend the social services law, in relation to  increasing  the
   amount of the savings exemption for eligibility for Medicaid
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subparagraph 4 of paragraph (a) of subdivision 2 of section
 366 of the social services law, as amended by section 43 of  part  C  of
 chapter 58 of the laws of 2008, is amended to read as follows:
   (4)  savings  in  amounts  equal  to [one hundred fifty percent of the
 income amount permitted under  subparagraph  seven  of  this  paragraph,
 provided,  however,  that  the amounts for one and two person households
 shall not be less than the amounts permitted to be  retained  by  house-
 holds of the same size in order to qualify for benefits under the feder-
 al supplemental security income program] THREE HUNDRED THOUSAND DOLLARS;
   § 1-a. Subparagraph 4 of paragraph (a) of subdivision 2 of section 366
 of the social services law, as amended by section 3 of part AAA of chap-
 ter 56 of the laws of 2022, is amended to read as follows:
   (4)  savings  in  amounts  equal  to [one hundred fifty percent of the
 income amount permitted under  subparagraph  seven  of  this  paragraph,
 provided,  however,  that  the amounts for one and two person households
 shall not be less than the amounts permitted to be  retained  by  house-
 holds of the same size in order to qualify for benefits under the feder-
 al supplemental security income program] THREE HUNDRED THOUSAND DOLLARS;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09634-05-4
 A. 5940--B                          2
              

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