Protect Tax-Advantaged Accts. and Living Donors.
SB 101 exempts tax-advantaged retirement accounts and living organ donor medical expenses from state means-tested benefit eligibility asset tests.
SB 101 exempts tax-advantaged retirement accounts and living organ donor medical expenses from state means-tested benefit eligibility asset tests.
SB 101 protects tax-advantaged retirement and savings accounts from being counted as assets in means-tested benefit eligibility determinations, and exempts living organ donors from having their donation-related medical expenses counted against them in benefit calculations. The bill ensures that individuals who save responsibly or donate organs are not penalized when applying for state assistance programs.
Means-tested benefits (Medicaid, SNAP, housing assistance) typically impose asset limits that can discourage people from saving for retirement or medical emergencies. By protecting tax-advantaged accounts and organ donors, the bill removes barriers that might otherwise force low-income individuals to choose between financial security and accessing needed assistance. This particularly affects organ donation rates, as current policies could create financial disincentives for life-saving donations.
Compiled from official sources — confirm details with the bill’s official record.
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