New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A2970

Introduced
1/9/24  

Caption

Concerns special needs trusts for persons with developmental disabilities.

Impact

The bill's implementation would involve the DDD engaging with at least five advocacy groups representing the interests of individuals with developmental disabilities. The consultation is intended to gather insights on the need for special needs trusts and the kind of information that could aid families in understanding how these trusts can support placements and long-term care. The outcomes would provide significant resources that might improve the quality of life and care for these individuals, addressing specific needs effectively.

Summary

Bill A2970, introduced by Assemblywoman Tennille R. McCoy, addresses the establishment of special needs trusts for individuals with developmental disabilities. The bill mandates the Division of Developmental Disabilities (DDD) within the Department of Human Services to assess whether a state program can be created to allow pre-tax dollars to fund these trusts. This initiative is aimed at enhancing financial support mechanisms for families and individuals dealing with developmental disabilities, helping them to secure better long-term care solutions.

Contention

One point of contention surrounding A2970 could stem from the varying opinions on the effectiveness of special needs trusts as a financial tool. Some stakeholders may argue that while the concept is beneficial, the actual feasibility of implementing such a program at the state level requires further examination and may lead to differing perspectives on how best to provide support for developmental disabilities. The bill also sets a time frame of nine months for the DDD to report its findings, which implies a temporary measure that raises questions about sustainability and ongoing funding once the program is evaluated.

Companion Bills

NJ S1079

Carry Over Concerns special needs trusts for persons with developmental disabilities.

NJ A2863

Carry Over Concerns special needs trusts for persons with developmental disabilities.

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