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United States · Bill · S

S. 2462 (105th)

Lisa De Land Financial Protection Act

referredUnited States· United States Congress· EN

Introduced

11 September 1998

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Lisa De Land Financial Protection Act - Amends title XIX (Medicaid) of the Social Security Act to give States the option to exempt certain disabled, mentally ill, or physically handicapped beneficiaries of trusts established under State law for the purpose of providing or supplementing the cost of the beneficiary's care and treatment, including the cost of medical assistance provided under the State Medicaid plan. Allows such an exemption, however, only if State law: (1) limits to 90 percent the value of the trust which may be conveyed to heirs after the beneficiary's death; and (2) requires donation of the remainder to a State-approved charitable trust.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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