| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to human services; expanding the definition of partnership policy for |
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| 3 | 3 | | 1.3 purposes of the Minnesota partnership for long-term care program; amending |
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| 4 | 4 | | 1.4 Minnesota Statutes 2024, section 256B.0571, subdivision 6. |
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| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 6 | 6 | | 1.6 Section 1. Minnesota Statutes 2024, section 256B.0571, subdivision 6, is amended to read: |
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| 7 | 7 | | 1.7 Subd. 6.Partnership policy."Partnership policy" means a long-term care insurance |
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| 8 | 8 | | 1.8policy that meets the criteria in sections 62S.23, subdivision 1, paragraph (b), and 62S.312 |
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| 9 | 9 | | 1.9and was issued on or after July 1, 2006, or exchanged on or after July 1, 2006, under the |
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| 10 | 10 | | 1.10provisions of section 62S.24, subdivision 8. Partnership policy includes a long-term care |
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| 11 | 11 | | 1.11insurance policy sold prior to July 1, 2015, with inflation protection between one and three |
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| 12 | 12 | | 1.12percent. |
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| 13 | 13 | | 1.13 EFFECTIVE DATE.This section is effective January 1, 2027, or upon federal approval, |
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| 14 | 14 | | 1.14whichever is later. The commissioner of human services shall notify the revisor of statutes |
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| 15 | 15 | | 1.15when federal approval is obtained. |
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| 16 | 16 | | 1Section 1. |
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| 17 | 17 | | 25-05581 as introduced04/30/25 REVISOR AGW/HL |
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| 18 | 18 | | SENATE |
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| 19 | 19 | | STATE OF MINNESOTA |
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| 20 | 20 | | S.F. No. 3484NINETY-FOURTH SESSION |
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| 21 | 21 | | (SENATE AUTHORS: KUPEC) |
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| 22 | 22 | | OFFICIAL STATUSD-PGDATE |
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| 23 | 23 | | Introduction and first reading05/05/2025 |
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| 24 | 24 | | Referred to Human Services |
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