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HB 74 (BR 118) - M. Denham, A. Wuchner, J. Carney, L. Combs, K. Flood, J. Glenn, D. Graham, K. Imes, T. Kerr, M. King, M. Marzian, R. Palumbo, J. Richards, T. Riner, K. Sinnette, R. Smart, B. Yonts

      AN ACT relating to persons with disabilities.
     Create new sections of KRS Chapter 41 to create within the Office of the State Treasurer a trust to be used to establish accounts for the benefit of disabled persons as a companion to the federal ABLE Account legislation; amend KRS 205.200 to provide that ownership or activity of an ABLE Account shall not be used when conducting means-based testing for eligibility measurements for public assistance programs.


     HCS1 - Delete original provisions of the bill; amend KRS 205.200 to disregard any amount in an ABLE account, any contributions to an ABLE account, and any distribution from an ABLE account for qualified expenses for the purposes of determining an individual's eligibility for a means-tested public assistance program and the amount of assistance or benefits the individual is eligible to receive under the program; direct the State Treasurer, the Secretary of the Finance and Administration Cabinet, the Executive Director of the Commonwealth Council on Developmental Disabilities, and the Executive Director of the Kentucky Higher Education Assistance Authority to work cooperatively to seek all available sources of funding to defray the start-up costs associated with establishing ABLE accounts within the Commonwealth and report to the Legislative Research Commission on or before December 31, 2016.
     HCA1( B. Yonts ) - Make title amendment.
     SFA1( W. Schroder ) - Require a determination of the best plan of action related to ABLE accounts to be provided in the report submitted to the Legislative Research Commission.

     Oct 28, 2015 - Prefiled by the sponsor(s).
     Jan 05, 2016 - introduced in House; to State Government (H)
     Jan 12, 2016 - posted in committee
     Feb 04, 2016 - reported favorably, 1st reading, to Consent Calendar with Committee Substitutes (1) committee amendment (1-title)
     Feb 05, 2016 - 2nd reading, to Rules
     Feb 08, 2016 - posted for passage in the Consent Orders of the Day for Wednesday, February 10
     Feb 10, 2016 - 3rd reading, passed 95-0 with Committee Substitute (1) committee amendment (1-title)
     Feb 11, 2016 - received in Senate
     Feb 16, 2016 - to Health & Welfare (S)
     Mar 17, 2016 - reported favorably, 1st reading, to Consent Calendar
     Mar 18, 2016 - 2nd reading, to Rules
     Mar 22, 2016 - floor amendment (1) filed