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S. 349 (114th): Special Needs Trust Fairness Act of 2015


The text of the bill below is as of Jul 30, 2015 (Reported by Senate Committee).


II

Calendar No. 178

114th CONGRESS

1st Session

S. 349

[Report No. 114–99]

IN THE SENATE OF THE UNITED STATES

February 3, 2015

(for himself, Mr. Nelson, and Ms. Stabenow) introduced the following bill; which was read twice and referred to the Committee on Finance

July 30, 2015

Reported by , without amendment

A BILL

To amend title XIX of the Social Security Act to empower individuals with disabilities to establish their own supplemental needs trusts.

1.

Short title

This Act may be cited as the Special Needs Trust Fairness Act of 2015.

2.

Fairness in Medicaid supplemental needs trusts

(a)

In general

Section 1917(d)(4)(A) of the Social Security Act (42 U.S.C. 1396p(d)(4)(A)) is amended by inserting the individual, after for the benefit of such individual by.

(b)

Effective date

The amendment made by subsection (a) shall apply to trusts established on or after the date of the enactment of this Act.

July 30, 2015

Reported without amendment