Massachusetts 2025-2026 Regular Session

Massachusetts Senate Bill S2470

Introduced
2/27/25  

Caption

Excluding Chapter 115 payments to veterans from gross household income calculation

Impact

If enacted, S2470 would directly influence the financial landscape for veterans in Massachusetts, making it easier for them to access various services and benefits that are income-dependent. By excluding these payments from gross household income, the legislation seeks to alleviate some financial burdens on veterans who may be struggling with healthcare costs. This can be particularly significant in a state where the cost of living and healthcare can be high. The bill aligns with broader efforts to support veterans, recognizing their service and the unique challenges they face in managing health-related expenses.

Summary

Bill S2470 proposes an amendment to the Massachusetts General Laws, specifically seeking to modify how Chapter 115 payments to veterans are handled regarding gross household income calculations. The bill aims to exclude these specific reimbursements for out-of-pocket health care costs from the income assessment under the state's financial aid programs. This change is intended to assist veterans by ensuring that their essential health reimbursements do not affect their overall income calculations, potentially making them eligible for more comprehensive state support and benefits.

Contention

While the bill has the potential to positively impact many veterans, it may also prompt discussions regarding funding and resource allocation. Critics may argue about the implications of this exclusion on the state's budgeting and financial aid system. Supporters will contend that the adjustment is a necessary step in ensuring that veterans receive the financial support they deserve without being penalized for their healthcare reimbursements. The debate around this bill may also reflect larger themes concerning the treatment of veterans and the state’s commitment to supporting them adequately.

Companion Bills

No companion bills found.

Previously Filed As

MA S2321

Excluding Chapter 115 payments to veterans from gross household income calculation

MA H3506

To exclude Chapter 115 payments to veterans from gross household income calculation

MA H4616

To exclude Chapter 115 payments to veterans from gross household income calculations

MA H4078

Creating a 'Chapter 62F calculations' study group of fiscal harms caused by excluding new local tax revenue from "allowable state tax revenue" calculations and other such calculations

MA S1776

Excluding student loan forgiveness from taxable income for permanently and totally disabled veterans

MA H2778

Excluding student loan forgiveness from taxable income for permanently and totally disabled veterans

MA H217

Relative to income calculation of certain benefits

MA H2705

Relative to the deduction of health insurance payments from gross income for self employed individuals

MA S1677

Relative to the amendment of M.G.L. c.32, section 4(2)(b) and 4(2)(c), solely as they relate to the calculation of Walter L. Guertin's pension

MA H2775

Relative to taxing corporations who own single family households

Similar Bills

No similar bills found.