Oklahoma 2025 Regular Session

Oklahoma House Bill HB1837 Compare Versions

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3-ENGR. H. B. NO. 1837 Page 1 1
3+HB1837 HFLR Page 1
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28-ENGROSSED HOUSE
29-BILL NO. 1837 By: Hefner and Deck of the
30-House
29+HOUSE OF REPRESENTATIVES - FLOOR VERSION
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31+STATE OF OKLAHOMA
32+
33+1st Session of the 60th Legislature (2025)
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35+HOUSE BILL 1837 By: Hefner of the House
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3439 Frix of the Senate
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45+AS INTRODUCED
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4047 An Act relating to poor persons; amending 56 O.S.
41-2021, Section 4001.5, which relates to Achieving a
42-Better Life Experience Program account; adding an
43-exemption; and providing an effective date .
48+2021, Section 4001.5, Achieving a Better Life
49+Experience Program account; adding an exemption; and
50+providing an effective date .
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5057 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
5158 SECTION 1. AMENDATORY 56 O.S. 2021, Section 4001.5, is
5259 amended to read as follows:
5360 Section 4001.5. A. Account balances and distributions from
5461 savings accounts established pursuant to this act shall be exempt
5562 from levy and sale, garnishment, attachment or any other process
5663 whatsoever and shall be unassignable. In the event of the death of
5764 a beneficiary, the funds from an Achieving a Better Life Experience
58-(ABLE) account are also exempt from Medicaid recovery liens, claim s,
65+(ABLE) account are also exempt from Medicaid recovery liens, claim,
5966 and other reimbursement proceedings filed pursuant to Section 12-
60-994.2 of Title 12 of the Oklahoma Statutes by the Oklahoma Health
61-Care Authority.
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94+994.2 of Title 12 of the Oklahoma Statutes by the Oklahoma Health
95+Care Authority.
8896 B. Money and assets residing in an account established pursuant
8997 to this act or residing in an ABL E account established in another
9098 state shall not be considered for purposes of d etermining
9199 eligibility for assistance or benefits or for determining the amount
92100 of assistance or benefits to be received from the Temporary
93101 Assistance for Needy Families program or from any other local or
94102 state means-tested public assistance programs.
95103 SECTION 2. This act shall become effective November 1, 2025.
96-Passed the House of R epresentatives the 26th day of March, 2025.
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101- Presiding Officer of the House
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106-Passed the Senate the ___ day of __________, 2025.
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111- Presiding Officer of the Senate
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105+COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS AND BUDGET , dated
106+02/27/2025 - DO PASS, As Coauthored.