1 | 1 | | 81R6288 ALB-D |
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2 | 2 | | By: Villarreal H.B. No. 1938 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the exclusion of certain college savings plan assets |
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8 | 8 | | and benefits from eligibility determination for certain public |
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9 | 9 | | assistance programs. |
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10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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11 | 11 | | SECTION 1. Subchapter C, Chapter 62, Health and Safety |
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12 | 12 | | Code, is amended by adding Section 62.1012 to read as follows: |
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13 | 13 | | Sec. 62.1012. EXCLUSION OF COLLEGE SAVINGS PLANS. For |
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14 | 14 | | purposes of determining whether a child meets family income and |
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15 | 15 | | resource requirements for eligibility for the child health plan, |
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16 | 16 | | the commission may not consider as income or resources a right to |
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17 | 17 | | assets held in or a right to receive payments or benefits under any |
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18 | 18 | | of the following: |
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19 | 19 | | (1) any fund or plan established under Subchapter F or |
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20 | 20 | | H, Chapter 54, Education Code, including an interest in a prepaid |
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21 | 21 | | tuition contract; |
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22 | 22 | | (2) any fund or plan established under Subchapter G, |
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23 | 23 | | Chapter 54, Education Code, including an interest in a savings |
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24 | 24 | | trust account; or |
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25 | 25 | | (3) any qualified tuition program of any state that |
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26 | 26 | | meets the requirements of Section 529, Internal Revenue Code of |
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27 | 27 | | 1986. |
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28 | 28 | | SECTION 2. Subchapter A, Chapter 31, Human Resources Code, |
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29 | 29 | | is amended by adding Section 31.0039 to read as follows: |
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30 | 30 | | Sec. 31.0039. EXCLUSION OF COLLEGE SAVINGS PLANS. For |
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31 | 31 | | purposes of determining the amount of financial assistance granted |
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32 | 32 | | to an individual under this chapter for the support of dependent |
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33 | 33 | | children or determining whether the family meets household income |
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34 | 34 | | and resource requirements for financial assistance under this |
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35 | 35 | | chapter, the department may not consider the right to assets held in |
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36 | 36 | | or the right to receive payments or benefits under any of the |
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37 | 37 | | following: |
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38 | 38 | | (1) any fund or plan established under Subchapter F or |
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39 | 39 | | H, Chapter 54, Education Code, including an interest in a prepaid |
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40 | 40 | | tuition contract; |
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41 | 41 | | (2) any fund or plan established under Subchapter G, |
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42 | 42 | | Chapter 54, Education Code, including an interest in a savings |
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43 | 43 | | trust account; or |
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44 | 44 | | (3) any qualified tuition program of any state that |
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45 | 45 | | meets the requirements of Section 529, Internal Revenue Code of |
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46 | 46 | | 1986. |
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47 | 47 | | SECTION 3. Subchapter B, Chapter 32, Human Resources Code, |
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48 | 48 | | is amended by adding Section 32.02611 to read as follows: |
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49 | 49 | | Sec. 32.02611. EXCLUSION OF COLLEGE SAVINGS PLANS. (a) |
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50 | 50 | | Except as provided by Subsection (b), in determining eligibility |
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51 | 51 | | and need for medical assistance, the department may not consider as |
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52 | 52 | | assets or resources a right to assets held in or a right to receive |
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53 | 53 | | payments or benefits under any of the following: |
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54 | 54 | | (1) any fund or plan established under Subchapter F or |
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55 | 55 | | H, Chapter 54, Education Code, including an interest in a prepaid |
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56 | 56 | | tuition contract; |
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57 | 57 | | (2) any fund or plan established under Subchapter G, |
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58 | 58 | | Chapter 54, Education Code, including an interest in a savings |
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59 | 59 | | trust account; or |
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60 | 60 | | (3) any qualified tuition program of any state that |
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61 | 61 | | meets the requirements of Section 529, Internal Revenue Code of |
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62 | 62 | | 1986. |
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63 | 63 | | (b) In determining eligibility and need for medical |
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64 | 64 | | assistance for an applicant who may be eligible on the basis of the |
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65 | 65 | | applicant's eligibility for medical assistance for the aged, blind, |
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66 | 66 | | or disabled under 42 U.S.C. Section 1396a(10), as amended, the |
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67 | 67 | | department may consider as assets or resources a right to assets |
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68 | 68 | | held in or a right to receive payments or benefits under any fund, |
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69 | 69 | | plan, or tuition program described by Subsection (a). |
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70 | 70 | | (c) Notwithstanding Subsection (b), the department shall |
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71 | 71 | | seek a federal waiver authorizing the department to exclude, for |
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72 | 72 | | purposes of determining the eligibility of an applicant described |
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73 | 73 | | by that subsection, the right to assets held in or a right to |
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74 | 74 | | receive payments or benefits under any fund, plan, or tuition |
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75 | 75 | | program described by Subsection (a) if the fund, plan, or tuition |
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76 | 76 | | program was established before the 21st birthday of the beneficiary |
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77 | 77 | | of the fund, plan, or tuition program. |
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78 | 78 | | SECTION 4. If before implementing any provision of this Act |
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79 | 79 | | a state agency determines that a waiver or authorization from a |
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80 | 80 | | federal agency is necessary for implementation of that provision, |
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81 | 81 | | the agency affected by the provision shall request the waiver or |
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82 | 82 | | authorization and may delay implementing that provision until the |
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83 | 83 | | waiver or authorization is granted. |
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84 | 84 | | SECTION 5. The changes in law made by this Act apply to a |
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85 | 85 | | person who receives health benefits coverage under Chapter 62, |
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86 | 86 | | Health and Safety Code, financial assistance under Chapter 31, |
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87 | 87 | | Human Resources Code, or medical assistance under Chapter 32, Human |
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88 | 88 | | Resources Code, on or after the effective date of this Act, |
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89 | 89 | | regardless of the date on which eligibility for coverage or |
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90 | 90 | | assistance was initially determined. |
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91 | 91 | | SECTION 6. This Act takes effect September 1, 2009. |
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